Business Vocabulary

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Across
  1. 1. A company that is owned by one person or a small group of people, for example a family, and whos shares are not traded on a stock market
  2. 5. A type of license that grants a franchisee access to a franchisor's proprietary business knowledge, processes, and trademarks
  3. 6. Economic activity concerned with the processing of raw materials and manufacture of goods in factories
  4. 9. The process of making or manufacturing goods and products from raw materials or components
  5. 11. Non-registered, unincorporated business run solely by one individual proprietor with no distinction between the business and the owner
  6. 13. Activities a company undertakes to promote the buying or selling of a product or service
  7. 15. One in which the allocation of resources and the prices of goods and services are determined by market forces, primarily supply and demand
  8. 16. Physical products that are either produced or purchased by a company for the purpose of selling them
  9. 19. Everything the business owes, presently and in the future
  10. 21. A cost that business incur in running their operations
  11. 23. Documents that demonstrate a company's financial performance and business activities
  12. 25. Study of the financial, organization, market-related, and environmental issues faced by corporations
  13. 26. The process of managing the overall functions of a business
  14. 28. Intangible, value-added activities that a company provides to its customers
  15. 29. The exposure a company or organization has to factor that will lower its profits or lead it to fail
  16. 30. An organization or enterprising entity engaged in commercial, industrial, or professional activities
Down
  1. 2. An individual who starts their own business based on an idea they have or a product they have created while assuming most of the risks and reaping most of the rewards of the business.
  2. 3. The relationship between two or more people to do trade or business
  3. 4. A form of business operation that declares the business as a separate, legal entity guided by a group of officers known as the board of directors
  4. 7. The assets and debts of the business remain separate from the personal assets and debts of the company's owners
  5. 8. Individuals or business that consume or use goods and services
  6. 10. Total amount of money brought in by a company's operations
  7. 12. A company with public ownership and has shares that trade on a public market
  8. 14. A regulatory system for controlling different aspects of production and distribution, including capital, labor, land, and other physical resources
  9. 17. Have a desire to possess or do something; wish for
  10. 18. A spending plan for the business based on the income and expenses
  11. 20. The standards for morally right and wrong conduct in business
  12. 22. A definition of the company's business, who it serves, what it does, its objectives, and its approach to reaching those objectives.
  13. 24. Anything that has current or future economic value to a business
  14. 27. Of necessity; necessarily; indispensably