Chapter 6

9. The process of creating, expanding, manufacturing, or improving goods
15. A business owned by 1 person.
16. Production and procurement, Marketing,Management, Finance, and accounting
17. Purchases goods from a wholesaler and sells them to consumers, the final buyers of the goods.
19. A contractual agreement to use the name and sell the products or services of a company in a designated geographic area
20. The buying and reselling of goods that have already been produced
21. The business or art of money management

1. Producers, Processors, Manufactures, Intermediaries, Wholesalers, Retailers
2. Distributes goods
3. A type of organization that focuses on providing a service, but not to make a profit
4. A business that gathers raw goods
5. A business owned by 2 or more people who share risks and rewards
6. This involves maintaining and checking records, handling bills, and preparing financial reports for a business.
7. Holds a firms owners responsible for no more than the capital they have invested in it
8. A business that makes finished products out of processed goods
9. Changes raw materials into more finished products
10. The process of achieving company goals by planning, organizing, leading, controlling, and evaluating the effective use of resources
11. An organization that is owned and operated by its members
12. A company that is registered by a state and operates apart from its owners
13. Makes owner is responsible for the company debts
14. The process of planning, pricing, promoting, selling, and distributing ideas, goods, and services
18. A business that moves goods from one business to another