Across
- 4. of scale / Cost advantages reaped by companies when production becomes efficient.
- 5. / sells the right to open stores and sell products or services using its brand, expertise, and intellectual property. It is the original or existing business that sells the right to use its name and idea
- 6. company / generally has offices and factories in different countries and a centralized head office where they coordinate global management.
- 7. / A franchise is a type of license that a party (franchisee) acquires to allow them to have access to a business's (franchisor) proprietary knowledge, processes, and trademarks in order to allow the party to sell a product or provide a service under the business's name.\
- 8. (Organic) Growth / The increase in a company's revenue and value due to internal operations.
- 9. of scale / when a company or business grows so large that the costs per unit increase.
- 10. venture / a business agreement between two companies who put an active decision to work together, with a collective aim of achieving a specific set of goals and increase their respective bottom lines.
- 13. growth / The growth of a company's sales and profit that is attributed as a result of companies buying out other companies or forming a business relationship with them.
Down
- 1. alliance / an arrangement between two companies to undertake a mutually beneficial project while each retains its independence.
- 2. / Is the spread of products, technology, information, and jobs across national borders and cultures.
- 3. / when one company purchases most or all of another company's shares to gain control of that company.
- 7. / A small business owner who operates a franchise.
- 11. / An agreement that unites two existing companies into one new company.
- 12. / When one company makes a bid to assume control of or acquire another, often by purchasing a majority stake in the target firm.