Across
- 1. The ability of a good or service to satisfy a want.
- 2. Term often used to refer to all businesses within a category doing similar work.
- 4. Anyone who creates utility.
- 9. Making a product or providing a service
- 11. A person who starts, manages, and owns a business.
- 13. The total market value of all goods produced and services provided in a country in a year.
- 14. firms produce goods used by other businesses, organizations, or consumers.
- 15. A legal agreement in which an individual or small group of investors purchases the right to sell a company’s product or service under the company’s name and trademark.
Down
- 1. Income that is not recorded in the GDP.
- 3. An organization that produces or distributes a good or service for profit.
- 5. The parent company of a franchise agreement that provides the product or service.
- 6. The distributor of a franchised product or service.
- 7. Business activity that deals with all money matters related to running a business.
- 8. Businesses that primarily use labor to offer mostly intangible products to satisfy consumer needs.
- 10. The activities between businesses and customers involved in buying and selling goods and services
- 12. The area of study that relates to producing and using goods and services that satisfy human wants.