Across
- 2. Being responsible, by law, for something.
- 5. good or service, offered the company.
- 7. Does not offer shares for sale to the general public.
- 11. Research Identification of a specific market and measurement of its size and other characteristics. Information is collected from direct observation of the consumers, mail surveys, interviews, and from published sources
- 13. tasks, establish structure, allocation of resources, and development of procedures.
- 14. employees to tasks based on their experience to manage work flow.
- 15. Managers-Responsible for the entire organization; conduct strategic planning.
- 17. Proprietorship Business owned and run by one individual with no distinction between the business and the owner. The owner is entitled to all profits and they are responsible for all of the business’s debts, losses and liabilities.
- 18. Mix-Controllable elements of a product's marketing plan commonly termed as 4Ps: product, price, place, and promotion.
- 22. to accomplish a specific mission, not to make profit.
- 26. Managers-Conduct tactile planning; Spend time doing planning, organizing, and controlling activities.
- 27. amount of money a customer is willing to pay for a product and the seller is willing to sell the product for.
- 28. command and delegating instructions
- 30. Partnership
- 31. Formal measurement and analysis of actions at established check points.
Down
- 1. process of selecting and developing the best course of action to accomplish an objective.
- 3. Research-Identification of a need or want and the characteristic of the good or service that will satisfy it.
- 4. “S”-Has 100 or fewer shareholders and must adhere to governmental policies. Taxed as a partnership (a lower taxation than other corporations).
- 6. authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities
- 8. (Company) Commitment-Feeling of responsibility that an employee has towards the mission of the organization.
- 9. liability and management duties are divided equally among partners.
- 10. process of dealing with or controlling things or people.
- 12. PartnershipAn
- 16. partnerships allow partners to have limited liability as well as limited input with management decisions.
- 19. Research-Identification of the preferences, motivations, and buying behavior of the targeted customer.
- 20. Managers-Spend most of their time doing staffing, directing and controlling activities.
- 21. Offers shares for sale to the general public.
- 23. Methods of transporting and storing goods, and then ma king them available for the customer.
- 24. single business where two or mpeople share ownership.
- 25. Communicating with customers, information that will assist them in making a decision to purchase a product or service.
- 29. orientation-An approach to sales and customer-relations in which staff focus on helping customers to meet their long-term needs and wants.