Introduction to Business Ch 1

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Across
  1. 2. A product essential to survival
  2. 9. Plan A series of documents that serve as a blueprint for building a business
  3. 10. System Organized way a nation distributes resources and goods
  4. 11. Worth The total value of a business (assets – liabilities)
  5. 13. Activity Anything a business does to generate profit
  6. 14. Payment to the government for public services
  7. 15. Money a business makes after subtracting expenses
  8. 16. Performance of a task in exchange for money
  9. 18. Something owed by a business or individual
  10. 20. of
Down
  1. 1. Tangible item produced and sold to consumers
  2. 3. Science of satisfying unlimited wants with limited resources
  3. 4. A product that is desired but can be lived without
  4. 5. A person who purchases goods and services
  5. 6. Ethics The moral responsibility to act fairly in policies and decisions
  6. 7. Something a business owns
  7. 8. Anything that can be bought or sold
  8. 12. Money earned in exchange for work
  9. 17. Person who organizes and takes the risk for a business venture
  10. 19. Place where products are bought and sold