Business Management

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Across
  1. 3. a business owned and operated by one person
  2. 5. a business that is licensed to operate under the name of an existing business and distribute its goods or services
  3. 9. businesses that sell products which are aimed at the same customers
  4. 11. a business that operates by selling goods and services to the customer at a price higher than the cost to produce or purchase the goods in bulk. Examples include Kmart and Target.
  5. 12. a means by which local councils allocate land for different uses, such as residential, commercial, recreational and industrial
  6. 13. goods and services that are produced overseas and sold to Australian consumers
  7. 14. a business that produces physical goods, often in a factory. These goods are then sold to wholesalers or directly to retailers who then sell the good on to customers at a marked-up price.
  8. 21. factors over which the business has some degree of control; it is sometimes called the micro environment.
  9. 23. the process that a business goes through to become a registered company and a separate legal entity
  10. 24. the owners of a company who are entitled to a share of its profits
  11. 25. factors over which the business has little control. It may be further divided into two categories: operating and macro.
  12. 26. the traditional business model that is based on a store with a physical presence, such as those located on shopping strips and in shopping centres
Down
  1. 1. an agreement whereby the franchisor grants the franchisee the rights to use its business name and distribute its goods or services
  2. 2. an incorporated business with a minimum of 1 shareholder and a maximum of 50 non-employee shareholders
  3. 4. when a business sells to others the rights to distribute its goods and use the business name
  4. 6. the broad conditions and trends in the economy and society within which a business operates
  5. 7. any group or individual who has an interest in, or is affected by, the activities of a business
  6. 8. an incorporated business with a minimum of one shareholder (and no maximum), and whose shares are openly traded on the Australian Securities Exchange
  7. 10. when the business owner is personally responsible for all the debts of their business
  8. 15. the owner of the original business concept that licenses another business to use its name and distribute its goods or services in exchange for royalty payments and fees
  9. 16. the specific outside stakeholders with whom the business interacts in conducting its business; it is sometimes called the task environment.
  10. 17. the surrounding conditions in which the business operates. It can be divided into two broad categories: internal and external.
  11. 18. an unincorporated business structure with a minimum of 2 and a maximum of 20 owners
  12. 19. the business model that offers customers the choice of online shopping as well as shopping at the physical store
  13. 20. the way in which the business will run its operations to generate a profit
  14. 22. when the shareholders of a company cannot be held personally responsible for the debts of the business