Vocabulary

4. Covers a wide range of activities from commerce to administration, transport, financial and real estate activities, etc.
5. A type of legal structure for an organization where a corporate loss will not exceed the amount invested in a partnership
7. A business that has not been legally registered as a business with the relevant state authorities
10. Represents companies that are involved in extracting natural resources and agriculture
13. A corporation, owned and operated by a government, established for the administration of certain public programs
16. focus on services to the public as a whole, including education, security, safety, welfare, etc.
17. An individual who engages in the buying and selling of financial asset in any financial market
19. A person, group or organization with a vested interest, or stake in the decision-making and activities of a business
20. A partner who contributes capital but does not participate in the management of the business
21. An investor who becomes a member of a partnership by virtue of capital contribution, but plays an inactive role in a the daily operation and management of the business
23. A firm held under private ownership
25. The company stops all operations and goes completely out of business
26. Stands for limited liability partnership

1. The percentage of an industry's sales that a particular company owns
2. All the businesses that are involved in making goods or providing services
3. Encompasses industries that produce a finished, usable product or are involved in construction
6. A document that outlines in detail the rights and responsibilities of all parties to a business operation
8. A business that is a separate entity from the business owner and has natural right
9. Unrestricted liability for a company's financial obligations that extends beyond the business itself and to the person or people owning the business
11. A concise explanation of the organization's reason for existence
12. Any person, company or institution that owns shares in a company's stock
14. Designates a company that has offered shares of stock to the general public
15. The relationship between two or more people to do trade or business
18. Someone who owns an unincorporated business by himself or herself
22. Refers to the increased utility of a product as it passes through different production stages
24. The specific, measurable results that companies hope to maintain as their organization grows