Frank, 4th, Term Review

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Across
  1. 5. Venture 2 business work together on a project. could be a short-term arrangement or a permanent relationship
  2. 6. rules about how businesses and their employees ought to behave
  3. 13. Someone takes a risk in starting a business to earn a profit
  4. 16. one who has no explicit or implicit contract for long-term employment (temporary) (5%)
  5. 17. Principles of morality or rules of conduct
  6. 18. A invention that is brand new
  7. 22. a type of financing that is needed for main rescources that will last many years
  8. 24. Making a product that is already made better?
  9. 28. a diagram that shows the structure of an organization, classifications of jobs, and the relationships
  10. 29. unincorporated business with 2 or more owners
  11. 30. Guidelines used in making consistent decisions
  12. 32. a specific statement of results the business expects to achieve
  13. 33. Government action meant to promote competition and fairness and avoid monopolies
Down
  1. 1. Descriptions of the way work is to be done.
  2. 2. a written contract granting permission to operate a business to sell products and services in a prescribed way
  3. 3. Where the direction for a business comes from
  4. 4. A natural resource that cannot be replaced when used up
  5. 7. a separate legal entity, formed by documents filed with the state, which is owned by one or more shareholders and managed by a board of directors
  6. 8. People who create products and services by using resources.
  7. 9. The form of ownership that gives one person sole control over all business decisions is the
  8. 10. An agreement to exchange goods or services for something of value, usually money
  9. 11. An organization that supplies a service or product vital to all people
  10. 12. a written legal document that identifies ownership and operating procedures and conditions for a business
  11. 14. A set of rules for guiding actions of employees or members of an organization
  12. 15. a business that completes activities that are consumed by customers rather than offers products for sale
  13. 19. money provided by large investors to finance new products and new businesses
  14. 20. Gives inventor sole right to make, use, or sell the item for 17 years
  15. 21. Protects the creative work of authors, composers, and artists
  16. 23. Refers to the duty of a business to contribute to the well-being of a community
  17. 25. businesses involved in selling the goods and services of producers to consumers and other businesses
  18. 26. A word, letter, or symbol linked with a specific company or product
  19. 27. Exists when a business has control of the market for a product or service
  20. 31. Written description of a business and how it will be carried out