Across
- 4. Integration that occurs when one business merges with or takes over another one in the same industry at the same stage of production.
- 6. Occurs when the owners of two businesses agree to join their businesses together to make one business.
- 7. Integration that occurs when one business merges with or takes over another one in the same industry but at a different stage of production. It can be forward or backward.
- 9. A document containing the business objectives and important details about the operations, finance and owners of the new business.
- 10. The total value of capital used in the business.
Down
- 1. An acquisition that occurs when one business buys out the owners of another business, which then becomes part of the ‘predator’ business.
- 2. Integration that occurs when one business merges with or takes over a business in a completely different industry. This is also known as diversification.
- 3. A person who organizes, operates and takes the risk for a new business venture.
- 5. Growth that occurs when a business expands its existing operations.
- 8. Growth that occurs when a business takes over or merges with another business.