11 Business Sem 1 exam

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Across
  1. 6. an individual owner of a business
  2. 10. an interconnected system of people or businesses
  3. 13. the process of designing, launching and running a new business
  4. 14. where a person business owner grants another the right to use their trademark or trade name, business systems and processes, to produce and market a good or service according to certain specifications
  5. 15. generally refers to changing or creating more effective processes, products, ideas
  6. 18. a business rival in the same market for products or services offered by a business
  7. 19. a legal form of business ownership where two or more people work together
  8. 21. a person or group who uses a product
Down
  1. 1. the foundations and investment needed in a country to provide the means for an economy to operate
  2. 2. the difference in value between the price that a business is sold for and its net asset value; reflects a firm's reputation
  3. 3. a way of financing a business through donations of money from the public
  4. 4. as systematic approach which assists a business to make decisions about consumers and the marketplace
  5. 5. a system of organisations, people, activities, information and resources involved in moving a product or service from suppliers to manufacturers and then on to consumers
  6. 7. a good or satisfactory condition of existence. It usually centres on health, happiness and prosperity
  7. 8. someone who buys goods or services
  8. 9. a method or technique that has consistently shown results better than those achieved with other means
  9. 11. when a person purchases a product or service via the internet
  10. 12. whether a business is capable of developing and growing
  11. 16. legally binding agreements between business parties
  12. 17. the study of the relationship between people and their working environment
  13. 20. Australian Business Licence and Information Service (acronym)