Business Activity

2. organisations owned by the government
4. a franchise is bought by the __________
8. goals or tagets set by the business
10. organisation that produces goods and services
12. basic systems and structures that allow a country or organisation to work properly
13. amount of goods or work produced by a person machine or factory
17. the individuals that run the organisation
19. an individual or group that affects or is affected by an organisation
20. share (percentage) of profit paid to

1. a long term plan on how objectives will be achieved
3. businesses owned by individuals or groups of individuals
4. when a franchisor grants liscence to another business
5. individuals who work in the company
6. business owner is only liable for the amount of money invested in the business
7. intangible products
9. the resources used to create goods or services
11. paying part of the cost (often by government)
14. when owner of business is personally liable for all business debts
15. __________ is a stakeholder but not the other way round
16. the business that sells the right to another business to operate a franchise
18. physical products