Chapter 6 Management Crossword
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
                                                   
 
 
Down: 1) The joining of two companies involved in different stages of related businesses.2) The responsibility of a business’s owners for losses only up to the amount they invest; limited partners and shareholders have limited liability.3) An arrangement whereby someone with a good idea for a business sells the rights to use the business name and sell its goods and services in a given territory.5) An organization that is owned by members and customers, who pay an annual membership fee and share in any profits.6) The joining of two firms in the same industry.7) An owner who has unlimited liability and is active in managing the firm.8) A company that develops a product concept and sells others the rights to make and sell the products.11) A legal form of business with two or more parties.13) The process and policies that determine how an organization interacts with its stakeholders, both internal and external.14) For a business, it includes the responsibility to pay all normal debts and to pay because of a court order or law, for performance under a contract, or payment of damages to a person or property in an accident.15) The responsibility of business owners for all of the debts of a business.16) An attempt by employees, management, or a group of investors to purchase an organization primarily through borrowing. Across: 4) A person who buys a franchise.9) Legal document that specifies the rights and responsibilities of each partner.10) A partnership in which all owners share in operating the business and in assuming liability for the business’s debts.12) One company’s purchase of the property and obligations of another company.17) The joining of firms in completely unrelated industries.18) A partnership with one or more general partners and one or more limited partners.19) The result of two firms forming one company.20) An owner who invests money in the business but does not have any management responsibility or liability for losses beyond the investment.21) The right to use a specific business’s name and sell its goods or services in a given territory.22) A legal entity with authority to act and have liability separate from its owners.23) A business that is owned and operated by one person, without forming a corporation.24) A legal authorization from the federal or provincial/territorial government for a company to use the corporate format.25) Corporation that has the right to issue shares to the public, so its shares may be listed on a stock exchange.26) Corporation that is not allowed to issue stock to the public, so its shares are not listed on stock exchanges; it is limited to 50 or fewer shareholders.
 

 

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