Chapter 8

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Across
  1. 2. process of negotiating between union and management representatives
  2. 4. business investment that involves renting or leasing another successful business model
  3. 6. stock of goods held in reserve
  4. 8. formal contract to repay borrowed money
  5. 10. unincorporated business owned and operated by two or more people who share the profits and have unlimited liability for the debts and obligations of the firm
  6. 13. written government approval to establish a corporation
  7. 15. form of business organization recognized by law as a separate legal entity with all the rights and responsibilities of an individual, including the right to buy and sell property, enter into legal contracts, and to sue and be sued
  8. 16. situation in which a firm legally ceases to exist when an owner dies or quits, or a new owner is added
  9. 22. gradual wear on capital goods
  10. 24. corporation producing and selling without regard to national boundaries
  11. 25. business-sponsored nonprofit organization providing information on local companies to consumers
  12. 30. taxation feature of taxation that allows stockholders' dividends to be taxed both as corporate profit and as personal income
  13. 31. most basic form of corporate ownership
  14. 34. form of partnership where all partners are jointly responsible for management and debts
  15. 35. report showing a business's sales, expenses, and profits for a certain period
  16. 36. informal and usually affluent investors who provide funds to less-promising start-ups
  17. 37. firm with four or more businesses making unrelated products
  18. 38. places where entrepreneurs can receive the training and other assistance to build a successful start-up business
  19. 39. creator and owner of the business model that is rented
Down
  1. 1. unincorporated business owned and run by a single person who has rights to all profits and unlimited liability for all debts of the firm
  2. 3. combination of firms producing the same kind of product
  3. 5. using social networking to appeal to potential investors
  4. 7. person that invests in the business model of the franchisor with his or her own money and start-up costs
  5. 9. organization that works for its members' interests
  6. 11. people who own a share or shares of stock in a corporation
  7. 12. form of stock with no voting privileges
  8. 14. amount borrowed when getting a loan or issuing a bond
  9. 17. check paid to stockholders
  10. 18. combination of firms involved in different steps of manufacturing, marketing, or sales
  11. 19. provider of investment funds to a start-up business in exchange for partial ownership of the business
  12. 20. certificate of ownership in a corporation
  13. 21. form of partnership where one or more partners are not active in the daily running of the business
  14. 23. economic institution that operates like a business but does not seek financial gain
  15. 26. nonprofit association performing some kind of economic activity
  16. 27. total amount of new funds the business generates from operations
  17. 28. payment made for the use of borrowed money
  18. 29. requirement that an owner is personally and fully responsible for all losses and debts of a business
  19. 32. nonprofit service cooperative that accepts deposit
  20. 33. measure of business profits determined by subtracting all expenses