business 101

ACROSS-1: the amount of money a seller is willing to accept in exchange for a product at a given time and under given circumstances

2.

ACROSS-5: the ease with which an asset can be converted into cash

3.

ACROSS-7: all the activities Involved in developing and providing a container with graphics for a product

4.

ACROSS-10: the presentation of information on a product or its package

5.

ACROSS-15: the step in a grievance procedure in which a neutral third party hears the two sides of a dispute and renders a binding decision

6.

ACROSS-18: a brand name or brand mark that is registered with the U.S. Patent and Trademark Office and thus is legally protected from use by anyone except its owner

7.

ACROSS-19: a name, term, symbol, design, or any combination of these that identifies a seller’s products as distinct from those of other sellers

8.

ACROSS-20: the amount a seller adds to the cost of a product to determine its basic selling price

9.

ACROSS-27: a large retail store that carries not only food and nonfood products ordinarily found in supermarkets but also additional product lines

10.

ACROSS-28: a financial statement that projects Income and/or expenditures over a specified future period

11.

ACROSS-30: a paid, nonpersonal message communicated to a select audience through a mass medium

12.

ACROSS-31: the performance of marketing-related activities by telephone

13.

ACROSS-32: the use of a neutral third party to assist management and the union during their negotiations

14.

ACROSS-36: the division of each outstanding share of a corporation’s stock into a greater number of shares is called a stock ______

15.

ACROSS-39: a refusal to do business with a particular firm

16.

ACROSS-40: communication about an organization and its products that is intended to inform, persuade, or remind target-market members

17.

ACROSS-41: the resources that a business owns

18.

ACROSS-42: a middleman that sells products to other firms

19.

ACROSS-43: a firm that offers transportation services

20.

DOWN-2: a middleman that buys from producers or other middlemen and sells to consumers

21.

DOWN-3: a debt security issued by a state or local government (sometimes called this)

22.

DOWN-4: a middleman that expedites exchanges, represents a buyer or a seller, and often is hired permanently on a commission basis

23.

DOWN-6: a court order requiring a person or group either to perform some act or to refrain from performing some act

24.

DOWN-7: communication in news-story form about an organization, its products, or both

25.

DOWN-8: the process of attracting qualified job applicants

26.

DOWN-9: a temporary work stoppage by employees, calculated to add force to their demands

27.

DOWN-11: the set of activities involved in receiving and storing goods and preparing them for reshipment

28.

DOWN-12: the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large

29.

DOWN-13: a firm’s debts and obligations

30.

DOWN-14 : an examination of a company’s financial statements and the accounting practices that produced them

31.

DOWN-16: approval of a labor contract by a vote of the union membership

32.

DOWN-17: a group of individuals or organizations, or both, that need products in a given category and that have the ability, willingness, and authority to purchase such products

33.

DOWN-21: everything one receives In an exchange, including all tangible and intangible attributes and expected benefits; it may be a good, service, or idea

34.

DOWN-22: an individual or an independent firm that acts as a bond owners’ representative

35.

DOWN-23: the process of apportioning the cost of a fixed asset over the period during which it will be used

36.

DOWN-24: the dollar amounts earned by a firm from selling goods, providing services, or performing business activities

37.

DOWN-25: the process of systematically collecting, analyzing, and reporting financial information

38.

DOWN-26 : marching back and forth in front of a place of employment with signs informing the public that a strike is in progress

39.

DOWN-29: a detailed, written description of a new security, the issuing corporation, and the corporation’s top management

40.

DOWN-33: time worked in excess of forty hours in one week (under some union contracts, time worked in excess of eight hours In a single day)

41.

DOWN-34: a firm’s refusal to allow employees to enter the workplace

42.

DOWN-35: a technique whereby workers report to their jobs but work at a slower pace than normal

43.

DOWN-36: a specific amount of money paid for an employee’s work during a set calendar period, regardless of the actual number of hours worked

44.

DOWN-37: a middleman that specializes in a particular commodity, represents either a buyer or a seller, and is likely to be hired on a temporary basis

45.

DOWN-38: a firm that specializes in buying other firms’ accounts receivable