Entrepreneurship Chapter 2 Part 2

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