Business Introductory Terms

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Across
  1. 3. A formal statement of a set of business goals, the reason they are believed attainable, and the plan for reaching these goals.
  2. 5. A business enterprise or speculation in which something is risked in the hope of profit; a commercial or other speculation
  3. 10. The skills used by a person to properly interact with others
  4. 13. Have a desire to possess or do something
  5. 14. The result or achievement toward which effort is directed
  6. 15. A liability restricted by law or contract, as the liability of owners of shares in a corporation in a limited company, or that of a special partner
  7. 17. A number of establishments, such as stores, theaters, or hotels, under common ownership or management.
  8. 19. An action or event marking a significant change or stage in development.
  9. 20. Something essential for survival
Down
  1. 1. Owners can be held personally accountable for a business's debt
  2. 2. The action or process of investing money for profit or material result
  3. 4. The difference between the amount earned and the amount spent in buying, operating, or producing something.
  4. 6. Combine or cause to combine to form a single entity
  5. 7. An institution that provides financial services for its clients or members
  6. 8. Owner of the overall rights and trademarks of the company and allows its franchisees to use these rights and trademarks to do business
  7. 9. One that is granted a franchise, as to market a company's goods or services in a certain local area.
  8. 11. Making a company or organization smaller by eliminating staff positions
  9. 12. The activity of buying or selling goods and services in all the countries of the world, or the value of the goods and services sold
  10. 16. A business or establishment in which money is kept for saving or commercial purposes or is invested
  11. 18. Usage-based payments made by one party to another for the right to ongoing use of an asset