BUSN101 MOD 3 Business Structures, Organization Types, and Small Business Essentials

Edit Answers
1234567891011121314151617181920212223
Across
  1. 4. - A member-owned business where resources and profits are shared among members.
  2. 6. - A business structure where two or more individuals share ownership, responsibilities, and profits.
  3. 8. - A benefit provided by small businesses through job creation and local impact.
  4. 9. - Essential for starting and growing a business, often sourced through loans, investors, or personal savings.
  5. 10. - A combination of two companies to form one entity, often to increase market share or efficiency.
  6. 14. - A business structure offering limited liability and the ability to raise capital through issuing stock.
  7. 16. - The process of starting and running a new business venture, often involving risk and innovation.
  8. 17. - A key benefit of small businesses, driving economic growth and job creation.
  9. 19. - A type of corporate merger where two companies in the same industry combine.
  10. 20. - An individual who innovates within an existing organization, blending entrepreneurship and employment.
  11. 21. - Challenges faced by businesses, particularly small businesses, in navigating compliance and legal requirements.
  12. 22. - A critical attribute of successful entrepreneurs, allowing them to overcome challenges and setbacks.
  13. 23. - Opportunities and challenges faced by small businesses when expanding internationally.
Down
  1. 1. - A business\u2019s ability to outperform rivals through cost, differentiation, or efficiency.
  2. 2. - A business structure where one individual owns and operates the business, taking on all liabilities and profits.
  3. 3. - A method for small business owners and entrepreneurs to build connections and learn from others.
  4. 5. - A key advantage of corporations and LLCs, protecting owners' personal assets from business debts.
  5. 7. - A statement outlining what an organization or entrepreneur aspires to achieve in the future.
  6. 9. - A business model involving an established brand and operational support in exchange for fees and royalties.
  7. 11. - The process of analyzing target markets to validate business ideas and opportunities.
  8. 12. - A document outlining a company\u2019s goals, strategies, and funding requirements.
  9. 13. - The acquisition of a company using borrowed funds, often with plans for restructuring.
  10. 15. - A small, specialized segment of the market that small businesses can serve effectively.
  11. 18. - A competitive advantage of small businesses, allowing them to adapt quickly to market changes.
  12. 22. - A characteristic of entrepreneurs willing to embrace uncertainty to pursue their business goals.