BUSINESS

10. a business employee who takes direct responsibility for turning an idea into a profitable new product or business venture.
11. an individual who has the idea for a new business, starts it up and carries most of the risks but benefits from the rewards.
12. a certificate confirming part-ownership of a company and entitling the shareholder owner to dividends and certain shareholder rights.
14. an individual consumer or organisation that purchases goods or services from a business.
15. a business formed by two or more people to carry on a business together, with shared capital investment and, usually, shared responsibilities.
18. selling price times quantity sold
19. the action of showing initiative to take the risk to set up a business

1. an individual who purchases goods and services for personal use.
2. a jointly owned business operated by members for their mutual benefit, to produce goods
3. productive work
4. Literally means that 'the whole is greater than the sum of parts' - it is often assumed that the new business will be more successful than the original separate business.
5. an agreement by owners and managers of two businesses to bring them together in a new combined business.
6. a person or business that sells the right to open stores and sell products or services, using the brand name and brand identity.
7. the legal right to use the name, logo and trading system of an existing successful.
8. money you have after paying for business expenses.
9. a person or business that buys the right from the franchiser to operate the franchise
12. a person or institution owning shares in a limited company.
13. a legal entity formed by a group of individuals to engage in and operate a business
14. Anything that confers value or benefit to its owners.
16. the process of differentiating a product by developing a symbol, name, image or trademark for it.
17. When a company buys more than a half of the shares of another company and becomes its controlling owner.