Across
- 1. the income that a firm receives from the sale of a good or service to its customers
- 3. an established food or bakery manufacturing company that produces your existing company's product lines to your specifications for a fee
- 5. a formal agreement among firms in an oligopolistic industry
- 8. a quantitative process of determining the fair value of an asset or a firm
- 9. a firm or business enterprise having different economic activities in different unrelated industries
- 13. a legal entity that is separate and distinct from its owners
- 14. buying goods in bulk from a manufacturer at a discounted price and selling to a retailer for a higher price
Down
- 2. the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network
- 4. to combinations, conspiracies or agreements among sellers to raise or fix prices and to reduce output in order to increase profits
- 6. an entity that sells goods such as clothing, groceries, or cars directly to consumers through various distribution channels
- 7. an arrangement between two or more people to oversee business operations and share its profits and liabilities
- 10. the difference between the revenue received from the sale of an output and the costs of all inputs
- 11. a joint venture between a franchisor and a franchisee
- 12. a situation where there is a single seller in the market