BUSINESS STUDIES

1. Funds invested in a business for its operation and growth.
3. Expenses incurred in the production and operation of a business.
7. Individuals or groups with a vested interest in a business.
8. Moral principles guiding ethical behavior in business.
12. Financial obligations or debts owed by a business.
14. An individual who initiates and manages a business venture, often taking on financial risks.
16. A company's commitment to ethical behavior and contributing to society beyond its financial interests.

2. A business structure where two or more individuals share ownership, responsibilities, and profits.
4. Proprietorship A business owned and operated by one person, who is personally liable for its debts.
5. Economic activities involving the production, sale, or exchange of goods and services.
6. Income generated from the sale of goods or services.
9. A legal entity separate from its owners (shareholders) that can own assets and incur liabilities.
10. A business structure offering limited liability protection to its owners while retaining partnership characteristics.
11. A group of potential buyers for a product or service.
13. The introduction of new ideas, products, or processes in business.
15. Tangible or intangible resources owned by a business.