Across
- 2. the process by which companies create value for customers and build strong customer relationships in order to capture value from customers in return
- 5. A business owned by stockholders who share in its profits but are not personally responsible for its debts
- 8. A written description of the business idea and how it will be carried out, including all major business activities.
- 12. a quick description of your business that you use to explain it to customers and investors.
- 13. Accepting the risk of starting and running a business.
- 14. the point at which the number of units sold generates just enough revenue to equal the total costs; at this point, profits are zero
- 15. businesses that provide the same or very similar goods or services
- 16. work that is performed for someone
- 17. A condition under which a person or corporation is declared unable to pay debts
- 18. A person who organizes, manages, and takes on the risks of a business.
Down
- 1. Basic skills that are needed to get, keep, and do well at a job
- 3. Capital needed by an entrepreneur to set up a business
- 4. expenses that a business must pay regardless of how many sales are made
- 6. Money and other valuables belonging to an individual or business
- 7. a business owned and managed by a single individual
- 9. debts that you owe
- 10. Financial money gained after working.
- 11. a business that sells a different product or service from yours, but fills the same customer need or want.
- 17. A plan for making and spending money