Across
- 2. an organization that brings together the necessary means of production to create a good or service with the intention of meeting a need or want.
- 5. a business organization formed by a group of "co-operators" who work together to achieve shared projects. Typically, profits are shared among the co-operators
- 6. are intangible products
- 7. the person who produces the good or service from producers with the aim of being the final user
- 9. an individual or organization that has an interest in the activities of a business
- 13. The surplus after all costs of business in a trading period have been deducted from total sales
- 14. They bear the risk of setting up and managing their business
Down
- 1. is made up of a franchisor and franchisee
- 3. a legal agreement between anything from two to 20 individuals who undertake to form themselves into a business unit with a common view
- 4. a single individual or a group of persons who have pooled their resources in order to provide goods and services to make a profit
- 8. are tangible products
- 10. the deficit after all costs of business in a trading period have been deducted from total sales
- 11. this is one person running the business, even though they may employ others
- 12. suggests a group of companions who have come together to set up a business, which is what a company is