Entrepreneurship Chapter 2 Part 2

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Across
  1. 2. A document that summarizes where the start-up funding comes from for a new business
  2. 5. One business with complete control
  3. 6. This is money flowing into and out of a business
  4. 10. Large number of small businesses with same products
  5. 12. This is how a market is organized and is based on the number of businesses competing for sales in an industry
  6. 16. These are the day-to-day activities necessary to keep a business up and running
  7. 17. Buys from wholesalers or manufacturers and resells products to consumers
  8. 19. This is the initial money needed to open a business
  9. 21. The general category of operations that generates profit
Down
  1. 1. A document describing strategy for creating a new business
  2. 3. The overall goal for the company’s future
  3. 4. The financial statements based on the best estimate of the business' future sales and expenses
  4. 7. This is a written plan of action to ensure a positive and rapid response to a changing situation
  5. 8. Cost of passing up the next best choice when making a decision
  6. 9. These are all goods or services a business will sell
  7. 11. A message to the customer as to why the business exists
  8. 13. Large number of small businesses with similar products and different prices
  9. 14. Purchases large amounts of goods directly from manufacturers
  10. 15. This is the possibility of loss or injury that might occur while running a business
  11. 18. This is a process for identifying, assessing, and reducing risks of different kinds
  12. 20. Right to sell goods or services in a particular area
  13. 22. Small number of large companies with same products