Intro to business Crossword

business owned by one person
A business owned and managed by a small group
business owned by a group of people
The written permission is called...
people who become owners of corporations
(diagram) shows work relationships
Part of the profits that each shareholder receives is called..
written permission to sell someones else's product or service in a prescribed manner
the one who received the franchise from a parent company to sell its product or service
The parent company granting the franchise
owned by the members it serves and is managed in their interest
has it's own officials, own schools, own police, fire department, etc..
what to produce with only limited gov. direction
The desire to work hard to earn higher profit
establishment that supplies goods and exchange for payment in some form
money left from sales after subtracting all the costs of operating the business
Rivalry among businesses to sell their goods and services to buyers
third type of economic system
any place where buyers and sellers exchange goods, services, and some form of money.
means that economic resources are usually privately owned by individuals rather then by the gov.
nations plan for answering the key economic questions
things you can see and touch
things necessary for survival
raw materials supplied by nature
another name for this factor of production