Across
- 3. Scheme a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products
- 5. Liability Company a business structure in the United States whereby the owners are not personally liable for the company's debts or liabilities
- 8. of directors an elected group of individuals that represent shareholders
- 9. are transactions in which the ownership of companies, other business organizations, or their operating units are transferred or consolidated with other entities
- 10. an individual or institution that legally owns one or more shares of the share capital of a public or private corporation
- 12. a useful or valuable thing, person, or quality
- 14. a marketing concept which can be adopted by an organization as a strategy for business expansion
Down
- 1. a term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources
- 2. Corporation a closely-held company, is a business that is generally owned by a small group of investors
- 4. marketing a strategy that some direct sales companies use to encourage existing distributors to recruit new distributors
- 6. a legal entity that is separate and distinct from its owners.
- 7. a formal arrangement by two or more parties to manage and operate a business and share its profits
- 11. Proprietorship the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity
- 13. Corporation a type of corporation that meets specific Internal Revenue Code requirements