Business

3. an offer to the public to buy shares in a public limited company
4. a business organisation that has its headquarters in one country, but with operating branches, factories and assembly plants in other countries
8. the next most desired option that is given up
12. the total value of a company's issued shares
13. the total value of sales made during the trading period = selling price x quantity sold
14. the legal right to use the name, logo and trading systems of an existing successful business
15. a business with mainly social objectives that re-invests most of its profits into benefiting society rather than maximising returns to owners
19. the physical goods used by industry to aid in the production of other goods and services, such as machines and commercial vehicles
20. sales of the business as a propotion of total market sales

1. a business in which one person provides the permanent finance and, in turn, has full control of the business and is able to keep all of the profits
2. a business enterprise owned and controlled by the state - also known as a nationalised industry
5. organisations accountable to and controlled by central or local government(the state)
6. two or more businesses agree to work closely together on a particular project and create a separate business division to do so
7. a person or business that buys the right from the franchiser to operate the franchise
9. a business formed by two or more people to carry on a business together, with shared capital investment and, usually, shared responsibilites
10. the total value of all long-term finance invested in the business
11. business owners have full legal responsibility for the debts of the business
16. the difference between the cost of purchasing bought-in inputs(materials) and the selling price of the finished goods.
17. a person or institution owning shares in a limited company
18. economic resources are owned, planned and controlled by the state