Across
- 3. A business with two or more owners who share the responsibilities and profits/losses.
- 5. (aka Retailer), a business that buys goods and resells them to consumers.
- 8. Something you can touch.
- 13. a person who takes risks and starts a venture to solve a problem or to take advantage of an opportunity
- 14. (aka Producer), an individual or business that makes a product.
- 16. The process of recording, analyzing, and interpreting the financial or economic activities of a business.
Down
- 1. assistance provided, usually in return for payment, that satisfies needs and wants of people or businesses but that does not result in a product that can be touched.
- 2. Something that you cannot touch.
- 4. A business directly owned by one person who receives all the profits and is responsible for all liabilities.
- 6. Someone who buys goods and services also referred to as a customer.
- 7. Using savings to earn income.
- 9. All the activities involved in getting goods and services from the businesses that produce them to the consumers who wish to purchase them.
- 10. The paid use of various types of media (such as television radio, newspapers and magazines) to try to convince consumers to buy a particular product of service.
- 11. A business owned by, but existing separately from, its shareholders.
- 12. An arrangement for when one business licenses the rights to its name and its procedures to another business or person.
- 15. A product or service that consumers no longer want because it has become outdated or outmoded or has been replaced by a new or improved product.
