Across
- 3. An investor in a partnership who provides capital and shares in profits but does not manage the business or assume liability.
- 5. The formal line of authority and reporting relationships in an organization.
- 6. The process of establishing and nurturing professional relationships for career or business opportunities.
- 8. A type of equity security that represents ownership in a corporation and a claim on part of the profits.
- 9. The owner's financial interest in a business, calculated as assets minus liabilities.
- 11. A market structure with many sellers offering differentiated products with some price-setting power.
- 14. Facts and statistics collected for reference or analysis, forming the basis for decisions.
- 19. Expenses related to storing unsold inventory, including warehousing, insurance, and depreciation.
- 21. The process of collecting, storing, and managing large volumes of data for analysis and business intelligence.
- 22. A legal obligation where the business owner is personally responsible for all debts incurred by the business.
- 23. A work schedule that allows employees to choose their starting and ending hours within limits.
- 24. A detailed summary of the responsibilities, duties, and qualifications required for a specific job.
- 26. Challenges such as limited control, high start-up costs, and shared brand reputation in a franchise system.
- 27. A pricing strategy involving setting a high initial price to maximize revenue from early adopters.
- 28. The recurring pattern of economic expansion and contraction in a market economy.
- 29. A leadership approach where the leader makes decisions unilaterally and expects strict compliance.
Down
- 1. The key roles of planning, organizing, leading, and controlling within an organization.
- 2. A business operating in a state or country other than where it was originally incorporated.
- 4. The total market value of all final goods and services produced within a country in a given period.
- 7. The total amount of money being transferred into and out of a business, affecting liquidity.
- 10. A U.S. government agency that supports small businesses through loans, contracts, and advisory services.
- 12. Latin for 'let the buyer beware'; the principle that the buyer assumes the risk in a transaction.
- 13. The number of subordinates that a manager or supervisor can directly control.
- 15. The ability of a manager to think abstractly and see the big picture in planning and strategy.
- 16. A specific group of potential customers at whom a company aims its products and services.
- 17. The value added to a product by making it available where consumers need it.
- 18. A budgeting method where all expenses must be justified for each new period, starting from zero.
- 20. A social and economic ideology that encourages the acquisition of goods and services in increasing amounts.
- 23. A business arrangement where one party sells the right to use its name and concept to another.
- 25. A period of economic decline typically identified by two consecutive quarters of negative GDP growth.