Across
- 6. business which provides goods and services to businesses and individuals, but operate on donations, volunteers and philanthropists rather than profit
- 7. intermediary which buys finished goods from manufacturers in large quantities and sells them to businesses or retailers in smaller quantities
- 9. goods and services a person requires for survival
- 10. business which has a right or license to sell a product or service at a designated location
- 12. form of partnership which partners have an unequal share and liability in the business and are responsible only for the amount invested
- 13. business which leases its trade name and operating system to another person
- 15. provides goods and services to satisfy consumer wants and needs to make a profit
- 17. intangible activities
- 20. connects the producer to the processor to the manufacturer to the intermediaries and ultimately to the consumer and can include the many businesses in between such as, shipping and storage, to provide goods or services to satisfy consumer wants or needs
- 21. business which provides services to consumers and other businesses
- 22. person or persons who pay fees to a franchisor to operate under the franchisor’s trade name
Down
- 1. form of partnership which partners share equal liability in the profits and losses of the business
- 2. goods and services a person desires, yet are unnecessary for day-to-day life
- 3. business which moves finished goods from one business to another by buying, storing and reselling goods; often referred to as “middlemen”
- 4. separate legal entity which forms a board to act as governing bodies
- 5. business which develops products for distribution from raw goods
- 8. intermediary which sells goods and services to the consumer
- 11. business which changes raw or processed goods into finished goods
- 14. tangible or physical items
- 15. when an individual or group owns a business and its legal entities
- 16. business owned and operated by one individual
- 18. business which changes raw goods into a more finished form, known as processed goods
- 19. legal agreement between two or more people responsible for a business
