Across
- 2. blending a desire for profit with other factors
- 3. an entrepreneur or company that buys a licence to use another business's name and business model in return for payment
- 6. the owner must take personal responsibility for covering debts run up by their business
- 8. refers to the extent to which the owner of the business must repay debts incurred in the running of the business
- 10. name given to the encouragement of entrepreneurial behaviour within a business
Down
- 1. licence to use another business's name and business model in return for payment
- 4. legal protection for business owners which ensures that owners of a limited company can only lose the money they have invested in the business
- 5. a business that sells the right to use its name and logo to other businesses or entrepreneurs
- 7. specific target set by a business
- 9. the value of the next best option forgone when a business decision is made
- 11. plan devised by the business to achieve its objectives