Across
- 2. a hybrid business organization that combines features of corporations, partnerships, and sole proprietorships
- 5. buys and sells its stock on the open market
- 8. for-profit business firm owned by two or more people,called partners,each of whom has a financial interest in the business
- 9. a business firm owned by one person, the proprietor
- 14. a single business enterprise formed by combining firms from unrelated industries
- 15. ethics the examination of standardsforrightandwrongbehavior by firms
- 16. owned by one person or a small group of individuals
- 17. occurs when two firms legally join together to form a single, larger firm
- 18. the broadening access to products, people, businesses, technology, ideas, and money across national borders to create a more integrated and interdependent global economy
- 20. a legal entity formed to carry out a “not-for-profit” mission
- 21. held by many people and can be freely bought and sold. Owned by stockholders who purchase stock. The shares of stock represent ownership
Down
- 1. the duties and obligations corporations have to different stakeholders
- 3. a company that operates in more than one country
- 4. a corporation which issues stock to a limited number of people
- 6. combines firms that operate at different stages in the production of a good
- 7. franchise - a parent company and numerous associated businesses that sell a standardized good or service
- 10. the purchase by one firm of a controlling interest in another firm
- 11. a business firm that it itself a legal entity
- 12. a business owned by its members and operated to supply members and others with goods and services
- 13. combines two firms that produce the same type of product
- 19. bond a contract between a corporation and the owner of the bond that obligates the corporation to pay the bond’s owner a certain amount of money in the future