Business 4-5 Word Scramble

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Question	Answer
one that is independently owned and operated for profit and is not dominant in its field	Small business
a carefully constructed guide for the person starting a business	Business plan
a governmental agency that assist, counsels, and protects the interests of small businesses in the united states	Small business administration (SBA)
a group of retired businesspeople who volunteer their services to small businesses through the SBA	Service Corps of Retired Executives (SCORE)
groups of senior and graduate students in business administration who provide management counseling to small businesses	Small-business institutes (SBIs)
university based groups that provide individual counseling and practical training to owners of small business	Small-business development centers (SBDCs)
money that is invested in small ( and sometimes struggling) firms that have the potential to become very successful	Venture capital
privately owned firms that provide venture capital to small enterprises that meet their investment standards	Small-business investment companies (SBICs)
a license to operate an individually owned business as though it were part of a chain of outlets or stores	Franchise
the actual granting of a franchise	Franchising
an individual or organization granting a franchise	Franchisor
a person or organization purchasing a franchise	Franchisee
A business that is owned ( and usually operated) by one person.	Sole Proprietorship
A legal concept that holds a business owner personally responsible for all debts of the business.	Unlimited Liability
A voluntary association of two or more persons to act as co-owners of a business for profit.	Partnership
A person who assumes full or shared responsibility for operating a business.	General Partner
A business co-owned by two or more general partners who are liable for everything the business does.	General Partnership
A person who contributes capital to a business but has no management responsibility or liability for losses beyond the amount he or she invested in the partnership.	Limited Partner
A business co-owned by one or more general partners who manage the business and limited partners who invest money in it.	Limited Partnership
A business partnership that is owned and managed like a corporation but often taxed like a partnership.	Master limited Partnership
A artificial person created by law with most of the legal rights of a real person, including the rights to start and operate a business, to buy or sell property, to borrow money, to sue or be sued, and to enter into biding contracts.	Corporation
The shares of ownership of a corporation.	Stock
A person who owns a corporations stock.	Stockholder
A corporation whose stock is owned by relatively few people and is not sold to the general public.	Closed Corporation
A corporation whose stock can be bought and sold by a individual.	Open Corporation
A corporation in the state which it is incorporated.	Domestic Corporation
A corporation in any state in which it does business except the one in which it is incorporated.	Foreign Corporation
A corporation chartered by a foreign government and conducting business in the United States.	Alien Corporation
Stock owned by individuals or firms who may vote on cooperate matters but whose claims on profit and assets are subordinate to the claims of others.	Common Stock
Stock owned by individuals or firms who usually do not have voting rights but whose claims on dividends are paid before those of common-stock owners.	Preferred Stock
A distribution of earnings to the stockholders of a corporation.	Dividend
A legal form listing issues to be decided at a stockholders' meeting and enabling stockholders to transfer their voting rights to some other individual or individuals.	Proxy
The top governing body of a corporation, the members of which are elected by stockholders.	Board Of Directors
The chairman of the board, president, executive vice presidents, corporate secretary, treasurer, and any other top executive appointed by the board of directors.	Corporate Officers
A feature of corporate ownership that limits each owners' financial liability to the amount of money that he or she has paid for the corporations stocks	Limited Liability
A corporation that is taxed as though it were a partnership.	S-Corporation
A form of business ownership that combines the benefits of a corporation and a partnership while avoiding some of the restrictions and disadvantages of those forms of ownership.	Limited Liability Company
A corporation owned and operated by a local, state, or federal government.	Government-Owned Corporation
A corporation organized to provide a social, education, religious, or other service rather than to earn a profit.	Not-For-Profit Corporation
An association of individuals or firms whose purpose is to perform some business functions for its members.	Cooperative
An agreement between two or more groups to form a business entity in order to achieve a specific goal or to operate for a specific period of time.	Joint Venture
A temporary association of individuals or firms organized to perform a specific task that requires a large amount of capital.	Syndicate
The purchase of one corporation by another.	Merger
A situation in which the management and board of directors of a firm targeted for acquisition disapprove of the merger.	Hostile Takeover
An offer to purchase the stock of a firm targeted for acquisition at a price just high enough to temp stockholders to sell their shares.	Tender Offer
A technique used to gather enough stockholder votes to control a targeted company.	Proxy Fight
A purchase arrangement that allows a firm's manager and employees or a group of investors to purchase the company.	Leveraged Buyout

Created by: qdw25