Across
- 7. Economic resources are owned largely by the private sector with very little state intervention.
- 10. Two or more businesses agree to work closely together on a particular project and create a separate business division to do so.
- 11. A certificate confirming part ownership of a company and entitling the shareholder owner to dividends and certain shareholder rights.
- 15. Firms engaged in farming, fishing, oil extraction and all other industries that extract natural resources so that they can be use and processed by other firms.
- 16. Economic resources are owned, planned and controlled by the state.
- 17. This document covers the internal workings and control of the business-for example, the names of the directors and the procedures to be followed at meetings will be detailed.
- 19. A small to medium-sized business that is owned by shareholders who are often members of the same family; this company cannot sell shares to the general public.
- 20. A business that uses the name, logo and trading systems of an existing successful business.
Down
- 1. This comprises businesses owned and controlled by individuals or groups of individuals.
- 2. A business enterprise owned and controlled by the state-also known as nationalised industry.
- 3. This states the name of the company, the address of the head office through which it can be contacted, the maximum share capital for which the company seeks authorisation and the declared aims of the business.
- 4. A business formed by two or more people to carry on a business together, with shared capital investment and, usually, shared responsibilities.
- 5. A person or institution owning shares in a limited company.
- 6. A business in which one person provides the permanent finance and, in return, has full control of the business and is able to keep all of the profits.
- 8. Sector Firms that provide services to consumers and other businesses, such as retailing, transport, insurance, banking, hotels, tourism and telecommunications.
- 9. A limited company, often a large business, with the legal right to sell shares to the general public-share prices are quoted on the national stock exchange.
- 12. Economic resources are owned and controlled by both private and public sectors.
- 13. The only liability-or potential loss- a shareholder has , if the company fails, is the amount invested in the company, not the total wealth of the shareholder.
- 14. Firms that manufacture and process products from natural resources, including computers, brewing, baking, clothes-making and construction.
- 15. This comprises organisations accountable to and controlled by central or local government (the state).
- 18. A business organisation that owns and controls a number of separate businesses, but does not unite them into one unified company.