Chapter 5 Crossword

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Across
  1. 5. way.
  2. 7. A business owned and controlled by just one person.
  3. 9. A specific statement of results the business expects to achieve.
  4. 10. A written agreement among all owners that specifies the rules and procedures that guide ownership and operations.
  5. 11. One who has no explicit or implicit contract for long-term employment.
  6. 12. A business owned and controlled by two or more people who have entered into a written agreement.
  7. 14. Guidelines used in making consistent decisions.
  8. 15. A written contract granting permission to operate a business to sell products and services in a
Down
  1. 1. A separate legal entity, formed by documents filed with the state, which is owned by one or more shareholders and managed by a board of directors.
  2. 2. Businesses involved in selling the goods and services of producers to consumers and other
  3. 3. A written legal document that identifies ownership and operating procedures and conditions for the business.
  4. 4. A short, specific written statement of the reason a business exists and what it wants to accomplish.
  5. 6. A diagram that shows the structure of an organization, classifications of jobs, and the relationships among those classifications.
  6. 8. Businesses that complete activities that are consumed by customers rather than offering products for sale.
  7. 13. Descriptions of the way work is to be done