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Business Organizations

Across
Every business main goal is to what _______ __
A type of business organization owned by many people, who share the profit, but whose risk is limited, but treated by law as though it were a person
material wealth in the form of money or property
Another word for Chains
Every since Randy was in the 8th grade, he loved cutting people’s grass. He borrowed his parent’s lawn mower and cut neighbors grass for money. Starting his business was simple and he didn’t have to worry about any other people telling him what to do. He now owns five trucks, 20 lawn mowers and services hundreds customers.
A corporation that conducts business for the benefit of the public without profit motive.
somebody who sets up and finances new commercial enterprises to make a profit
individuals and businesses have the right to own real and personal property
Michael Dubin, co-founder of Dollar Shave Club, explains how his partner brought the skill set of advertising to their business. Michael said he was the logistical person of the company but his partner Mark Levine was great in advertising and getting funding. The pair met at a party and spoke of their frustrations with the cost of razor blades. With their own money they began operations in July 2011. They offer new razors delivered directly to people’s houses via the U.S. Mail.
earnings after all expenses have been paid is _______
Down
Liability of owners limited to the amount of shares bought
Profits shared among many investors
legal responsibility for something, especially costs or damages
Another word for Rivalry
Consumers determine through purchases what goods and services will be produced
A business owned and operated by a single person
Examples are NIKI and APPLE
Business exist in a Free Market and a _______ Economy.
Ownership of a percentage of the company