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Down: 2) : the important principles that guide decisions and actions in the company3) salaries and wages as well as investment income and government payments to individuals4) a separate legal entity formed by documents filed with your state. It is owned by one or more shareholders and managed by a board of directors6) group of people who join to do some activity that benefits the public/ free from corporate income taxes7) the private owner of resources by individuals, rather than by the government9) a written legal document that defines ownership and operating procedures and conditions for the business10) the phase of the business cycle that is marked by a prolonged period of high unemployment, weak consumer sales, and business failures11) a designed change that increases the usefulness of a product, service, or process15) the physical conditions and psychological atmosphere in which employees works17) a short, specific written statement of the reason a business exists and what it wants to achieve18) restrictions to free trade19) the sales of durable and nondurable goods bought by consumers21) removing work from one company and sending it to another company that can complete it at a lower cost22) when a business has control of the market for a product or service24) protection of the creative work of authors, composers, and artists. Protection lasts for the life of the person receiving the copyright and extends for 50 years after the person’s death.25) laws that prevent unfair business practices such as false advertising, deceptive pricing, and misleading labeling27) a business owned and controlled by two or more people who have entered into a written agreement28) a tax that a government places on certain imported products29) a government set limit on the quantity of a product that may be imported or exported within a given period32) an agreement to exchange goods or services for something of value, usually money34) the phase of the business cycle in which demand begins to decrease, businesses lower production, unemployment begins to rise, and gross domestic product growth slows for two or more quarters of the calendar year35) compensation in forms other than direct payment Across: 1) the output per person, calculated by diving the gross domestic product by the total production5) a certificate representing a promise to pay a definite amount of money at a stated interested rate on a specified due date8) : a business owned and run by just one person12) the peak of the business cycle, it is a period in which most people who want to work are working, businesses produce goods and services in record numbers and wages are good, and the rate of gross domestic product growth increases13) provides liability protection for owners, it has a simpler set of organizing and operation requirements than a corporation. No articles of incorporation or bylaws are needed. A simple document much like a partnership agreement must be developed14) a distinctive name, symbol, word, picture, or combination of these that a company uses to identify products or services16) : a unique business organized by two or more other businesses to operate for a limited time and for a specific project, it is a type of partnership.20) the duty of a business to contribute to the well-being of a community23) a business that carries out activities that are consumed by its customers26) the environment in which people work, made up of the atmosphere, behaviors, beliefs, and relationships30) money provided by larger investors to finance new products and new businesses that have a good chance to be very profitable31) a factor that supports international trade in industrialized countries, including a nations transportation, communication, and utility systems33) The exclusive rights of an inventor to make, sell, and use a product or process.36) one who has no explicit or implicit contract for long-term employment Consumer: a person who buys and uses goods and services 37) the portion of people in the labor force who are not working38) the process of accomplishing the goals of a organization through the effective use of people and other resources39) an action imposed by the government to stop the export or import of a product completely40) persons, companies, and organizations that buy products for the operation of a business, for incorporation into other products and services, or for resale to their customers41) a written agreement among all owners detailing the rules and procedures that guide ownership and operations42) the means through which goods and services are produced
 

 

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