Principles of Business

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Across
  1. 3. A place where buyers and sellers can meet to facilitate the exchange or transaction of goods or services
  2. 5. Tangible items that can be used or stored
  3. 7. A measure of economic performance that compares the amount of goods and services produced (output) with the amount of inputs used to produce those goods and services
  4. 8. The business involving the selling and buying of goods and services
  5. 10. Things we must have in order to stay alive
  6. 11. The buying and selling of goods and services, or the transmitting of funds or data, over an electronic network
  7. 13. An economic phenomenon where two parties each hold and item the other wants, so they exchange these items directly without any momentary medium
  8. 16. The money a business pulls in after accounting for all expenses
  9. 18. An entity formed for the purpose of carrying on commercial enterprise
  10. 21. Things we don't really need but would like to have
  11. 22. Work that supports a business but does not produce a tangible commodity
  12. 23. A system of inter-related production and consumption activities that ultimately determine the allocation of resources within a group
  13. 24. A business or company
  14. 25. A marketplace where securities, commodities, derivatives and other financial instruments are traded
Down
  1. 1. The amount of physical, mental, and social effort used to produce goods and services in an economy
  2. 2. Individuals or businesses that consume or use goods and services
  3. 4. An old method of exchange in which goods and services are exchanged without the use of money
  4. 6. Focusing on one product or a limited scope of products so as to become more efficient
  5. 9. A basic good used in commerce that is interchangeable with other goods of the same type
  6. 12. When a business makes less money than it spends
  7. 14. The money a business has available to pay for it's day-to-day operations and to fund it's future growth
  8. 15. Someone who creates and supplies goods or services
  9. 17. The process of starting and running your own business
  10. 19. One who organizes, manages, and assumes the risks of a business or enterprise
  11. 20. A commodity accepted by general consent as a medium of economic exchange