Across
- 2. a business based upon the use of the brand names, promotional logos and trading methods of an existing succesful business
- 3. business owned by shareholders but they cannot sell shares to the public
- 4. when one business merges with or takes over another one in the same industry but at a different stage of production
- 9. companies that have separate legal status from their owners
- 14. the owners of a business can be held responsible for the debts of the business they own
- 15. is when the owner of two businesses agree to join their businesses together to make one business
- 16. a person who organise, operates, and takes the risk for a new business venture
- 19. when one business merges with or takes over another one in the same industry at the same stage of production
- 20. a form of business in which two or more people agree
Down
- 1. one that does not have a separated legal identity
- 5. a business in the public sector that is owned and controlled by the state (government)
- 6. a acquisition is when one business buys out the owners of another business
- 7. occurs when a business expands its existing operations
- 8. where two or more businesses start a new project togethe, sharing capital, risk and profits
- 10. the owners of a limited company
- 11. the ability of shareholders in a company is limited to only the amount they invested
- 12. a document containing the business objectives and important details about the operations, finance and owners of the new business
- 13. when one business merges with or takes over a business in a completely different industry
- 17. a business owned by one person
- 18. the total value of capital used in the business