Key terms for business unit one

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Across
  1. 2. a legal entity formed by one or more individuals to engage in and operate a business
  2. 3. New or improved idea or object, or unique product, or way of completing something.
  3. 6. People/groups who can be affected by and therefore have an interest in the business
  4. 7. are owners, employees, managers etc.
  5. 9. are customers, shareholders, suppliers etc.
  6. 13. a specific, measurable, and time-bound goal that a company aims to achieve to contribute to its overall vision
Down
  1. 1. Examples include: Passionate, enthusiastic, hardworking etc.
  2. 2. If the company goes bankrupt the owner can only loose what they put into the business
  3. 4. any person, company, or institution that owns shares in a company's stock
  4. 5. Type of business structure that has one owner
  5. 8. The owner is responsible for all debts & personal assets may be sold to cover these.
  6. 10. someone willing to take the risk starting and operating a business.
  7. 11. Type of business structure that has 2-20 owners
  8. 12. If the death of an owner the owernship is able to continue through the inheritance of shares