Across
- 2. An individual who owns at least one part of a public or private limited company.
- 3. A type of liability where investors only lose the amount they invested if the business fails.
- 5. The primary financial reward or motive for taking business risks.
- 7. A place or mechanism where buyers and sellers come together to exchange goods and services.
- 11. A business owned and run jointly by its members, who share the profits or benefits (e.g., SACCOs).
- 13. A form of business ownership formed by 2 to 20 people.
- 16. A person elected by shareholders to manage the daily operations of a limited company.
- 18. The sector of business activity concerned with manufacturing and processing raw materials into finished goods.
- 19. Intangible products like banking, insurance, and tourism
Down
- 1. The sector of business activity that involves extracting natural resources (e.g., mining, farming).
- 4. A primary business activity involving the removal of raw materials from the earth.
- 6. The business sector that provides services rather than tangible goods.
- 8. A legal document that outlines the terms, rights, and responsibilities of partners in a business (Partnership ____).
- 9. The financial outcome when a business's total expenses are higher than its total revenue.
- 10. The money or resources invested by owners to start and run a business.
- 12. A business activity/trader that buys goods in bulk and sells them in smaller quantities directly to the consumer.
- 14. Essential items required for human survival, which businesses aim to satisfy (e.g., food, shelter).
- 15. An individual who owns, finances, and runs a business alone.
- 17. The type of liability where a sole trader's personal assets can be seized to pay off business debts.