Across
- 1. An agreement between franchiser and franchisee to use what belongs to the business
- 4. Cost advantages associated with large operations
- 5. Expansion achieved through buying or merging with another business
- 8. A company that does business in more than one country
- 10. An action whereby a person or group succeeds in ousting a firm's management and taking control of the company
- 11. A combination of two or more companies to form a single business
Down
- 1. An individual or business that is granted the right to sell another party's product
- 2. A long-term partnership between two or more companies established to help each company build competitive market advantages
- 3. Factors that determine that as a business grows it becomes less efficient, and costs increase
- 6. A business that leases its trade name and operating system to another person
- 7. An agreement between two or more organizations to join to undertake a major project
- 9. A firm expands by using its own resources; organic growth
