Across
- 3. a business organizations that has its headquarters in one country but with operating branches, factories and assembly plants in other countries
- 6. a jointly owned business operated by members for their mutual benefit, to produce or distribute goods or services - as in consumers` cooperatives or farmers` cooperatives
- 7. the action of showing initiative to take the risk to set up a business
- 9. he non-tangible products sold to consumers that are not intended for resale. For example, hotel accomodation, insurance services
- 11. a person or institution owning shares in a limited company
- 12. the next most desired option that is given up
- 15. a written document that describes a business, its objectives, its strategies, the market it is in and its financial forecasts
- 17. a business that is owned by shareholders who are often members of the same family,this company cannot sell shares to the general public
- 18. the difference between the cost of purchasing bought-in inputs and the selling price of the finished goods
- 19. the legal right to use the name , logo and trading system of an existing succesfull business
- 20. business owners have full legal responsibility for the debts of the business
Down
- 1. business formed by two or more people to carry on a business together, with shared capital investment and shared responsibilities
- 2. two or more businesses agree to work closely together on a particular project and create a seperate business division to do so
- 4. an individual consumer or organisation that purchases goods or services from a business
- 5. a certificate confirming part-ownership of a company and entitling the shareholder owner to dividends and certain shareholder rights
- 8. economic resources are owned and controlled by both private and public sectors
- 10. a person or business that sells the right to open stores and sell products or services using the brand name and brand identity
- 13. business is owned and controlled by individuals or groups of individuals
- 14. a business employee who takes direct responsibility for turning an idea into a profitable new product or business venture
- 16. the process of differentiating a product by developing a symbol, name, image or trademark for it