Business Word Review

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Across
  1. 3. A form of business owned by one or more people with the intent of making profit.
  2. 5. Are the resources owned by a business.
  3. 9. The basic resources, facilities needed for the functioning of a business or organization.
  4. 10. Listing assets based on how fast they could be turned into cash.
  5. 13. margin, The amount of the selling price of a product that is above the cost of the products or service to the business selling the product or service.
  6. 14. Is equal to total assets minus total liabilities and stands for the value of the company that is claimed by the owner(s).
  7. 16. A form of businesses owned by shareholders who get to share in the profits of the corporation and get to vote for the directors.
  8. 18. A business enterprise in which the expectation of gain is accompanied by the risk of loss or failure.
  9. 19. A percentage of sales paid by the franchisee to the franchiser.
  10. 20. Gives the creator of an invention the sole right to make and sell the invention for a set period of time.
Down
  1. 1. An individual or firm that will give start up capital in exchange for shares of ownership.
  2. 2. Is the cost of assets consumed or services used in the process of earning revenue or operating a company.
  3. 4. The amount of cash you need to start and run your company.
  4. 6. Is a business that provides banking services for profit: deposits, lending, money, and processing transactions.
  5. 7. promotions, Are non-personal promotional efforts that are designed to have an immediate impact on sales.
  6. 8. Capitalists, Those who provide investments for new businesses.
  7. 11. Are the claims against the assets of the creditors.
  8. 12. The actual method a company pays for to get their message to their customers i.e.. TV, radio.
  9. 15. skimming, Is a price strategy in which a marketer sets a relatively high price for a product.
  10. 17. , Are sales that results from business activities performed to earn income.