Chapter 5

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Across
  1. 4. - The process of creating, growing, manufacturing, or improving on goods and services
  2. 6. sector - government- financed agencies
  3. 9. - Consists of a group of establishments primarily engaged in producing or handling the same product or group of products or in rendering the same services
  4. 11. - is the process of achieving company goals by effective use of resources through planning, organizing, organizing, and controlling
  5. 12. demand - In the organizational market is based on, or derived from, the demand for consumer goods & services
  6. 13. Competition - Focuses on the sale price of a product
  7. 17. - is something you get on a item or idea to own the rights of it
  8. 18. business - seeks to make a profit from its operations
  9. 19. - refers to consumer willingness and ability to buy products
  10. 20. Risk - is the potential for loss or failure
  11. 22. Competition - business choose to compete on the basis of factors that are not related to price
  12. 23. Enterprise - Is business ownership by ordinary people, not the government
  13. 24. - is the money earned from conducting business after all costs and expenses have been paid
  14. 25. business - sells its products in more that one country
Down
  1. 1. - the struggle for customers
  2. 2. - is the discipline that keeps track of a company's financial situation
  3. 3. - is exclusive control over a product or the means of producing it
  4. 4. sector - businesses not associated with government agencies
  5. 5. - involves anything that is authored by an individual, such as writings (book, magazine articles, etc), music & artwork.
  6. 7. - obtain goods from manufacturers and resell them to organizational users, other wholesalers, and retailers
  7. 8. - Is a word, name, symbol, sound, or color that identifies a good or service
  8. 10. organization - functions like a business but uses the money it makes to find the cause identified in its charter
  9. 14. - buy goods from wholesalers or directly from manufacturers and resell them to the consumer
  10. 15. business - a business that sells its product only in its own country
  11. 16. - Is the function of business that involves money management
  12. 21. - Is the amount of goods producers are willing to make & sell