Across
- 2. a written contract granting permission to operate a business to sell products and services in a set way.
- 5. the company that owns the product or service and grants the rights to another business.
- 7. taking responsibility.
- 9. an obligation.
- 10. create the products and services used by individuals and other businesses
- 11. guidelines used in making consistent decisions.
- 12. business owned by members, serves their needs, and is managed in their interest.
- 17. one who has no explicit or implicit contract for long-term employment (2 words).
- 19. a business owned and run by just one person - easiest form of business to start.
- 21. the company purchasing the rights to run a franchise.
- 22. a separate legal entity formed by filing Articles of Incorporation with the State.
- 23. a written legal document that defines ownership and operating procedures and conditions for the business (3 words).
- 24. a short, specific written statement of the reason a business exists and what it wants to achieve (2 words).
Down
- 1. they get supplies from other producers and convert them into products.
- 3. organizational chart that is arranged within main business functions.
- 4. businesses that carry out activities that are consumed by its customers, they offer something that is intangible.
- 6. businesses involved in selling the goods and services of producers to consumers and other businesses.
- 8. a right.
- 13. the people who will make the major policy and financial decisions for the business (3 words).
- 14. organizational chart where work is structured around products, projects, customers.
- 15. business owned and controlled by two or more people who have entered into an agreement.
- 16. a precise statement of results the business expects to achieve.
- 18. a business that takes resources from nature for direct consumption or for use in developing other products
- 20. are descriptions of the way work is to be done.