Crossword

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Across
  1. 3. the chance to take advantage of an occurrence in the market for business gain
  2. 5. process of attracting customers and promoting your products/services, and building a customer base
  3. 8. A series of questions you ask potential or existing customers to gather feedback
  4. 11. A business structure owned by one individual and is also responsible for all legal liabilities concerning the business
  5. 12. Committing financial resources with the expectations of financial returns
  6. 13. the distribution of a company's earnings to its shareholders and is determined by the company's board of directors
  7. 14. A resource with economic value that a business owns or controls with the expectation that it will provide a future benefit
  8. 15. an agreement between two or more parties that creates a mutual obligation between them
  9. 16. anything that could cause damage to your organization, venture, or product
  10. 17. A business organization run by an executive committee and owned by its stakeholders
  11. 19. when a company, product or service stands out from the competition by meeting a unique customer need, incorporating special features not generally available, or by serving a specific target market better than anyone else
  12. 20. An outline of how a business runs
Down
  1. 1. a legal proceeding initiated when a business is unable to repay outstanding debts or obligations
  2. 2. measures how much more expensive a set of goods and services has become over a certain period, usually a year
  3. 4. It shows how well you manage credit and how risky it would be for a lender to lend you money
  4. 6. Creating and running a business to gain profit
  5. 7. all the items, goods, merchandise, and materials held by a business for selling in the market to earn a profit
  6. 9. A setting where two or more individuals operate the business together
  7. 10. a company’s capability to raise cash when needed
  8. 18. the money generated from normal business operations, calculated as the average sales price times the number of units sold