Business Terms & Concepts

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Across
  1. 2. tangible products; goods made to be sold
  2. 4. any situation that brings together buyers and sellers
  3. 7. money and other resources used to start a business
  4. 9. a group of persons using resources by deciding what to produce, how and for whom
  5. 12. money left over after expenses
  6. 13. the giving of one thing and the receiving of another
  7. 14. the act of managing a business
  8. 16. exchanging goods and services for other goods and services
  9. 17. intangible products; work done for another
Down
  1. 1. the workers
  2. 3. breaking up a task into smaller parts
  3. 5. an item that is traded
  4. 6. someone who owns and operates a business
  5. 7. the person who buys goods and services to satisfy wants
  6. 8. buying and selling
  7. 10. the person who creates goods or services
  8. 11. another word for business
  9. 15. the opposite of profit
  10. 18. a system that shares scarce resources