Entrepreneurship

3. Type of license that a party acquires to allow them to have access to a business's proprietary knowledge, processes and trademarks in order to allow the party to sell a product or provide a service under the business's name.
9. This corporation has fewer than 100 shareholders and functions like a partnerships but gives owners additional legal protection.
10. A business owned by stockholders who share in its profits but are not personally responsible for its debts.
12. Business started by more than one person
14. A market in which there are many buyers but only one seller
16. A distributions of corporate profits to shareholders
17. Person who starts a business to improve society, rather than earn a huge profit.
18. A share of ownership in a corporation.
20. The advantageous quality of being beneficial
22. An individual who undertakes the creation, organization and ownership of a business.

1. A person who owns part of a business
2. The branch of social science that deals with the production and distribution and consumption of goods and services and their management
4. Is a market structure in which a few firms dominate. When a market is shared between a few firms, it is said to be highly concentrated.
5. Is the process of starting a business, typically a startup company offering an innovative product, process or service.
6. To think freely and creatively in order to generate new ideas.
7. Businesses with only one owner
8. Lead stock holders (owners) of the corporation who make major decisions as well as hire and fire key officers like the president and executive director.
11. A systematic and structured approach to managing the potential for loss that is related to a threat.
13. plan A document that describes a new business and a strategy to launch that business.
15. statement A declaration of the specific aspirations of a company, the major goals for which it will strive.
19. Articles of commerce
21. An investment that is very risky but could yield great profits