5.1 and 5.4 Review

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Across
  1. 2. The sector focused on knowledge-based and intellectual activities.
  2. 4. Transfer of business operations back to their country of origin.
  3. 5. The sector of the economy that extracts raw materials, harvests crops, and raises animals.
  4. 9. The sector that turns natural resources into processed or finished goods.
  5. 11. The sector that provides services to consumers.
  6. 12. Relocating business functions overseas.
Down
  1. 1. Use of a companies own people to complete a task which otherwise would've been outsourced.
  2. 3. The ability to meet current needs without harming future generations’ ability to meet theirs.
  3. 6. ________ management:The management of producing goods and services in the right quantity, quality, and time.
  4. 7. Practice of transferring internal business activities to an external organization to reduce costs and increase productivity.
  5. 8. The business function that focuses on promoting and selling products to customers.
  6. 10. When a business produces maximum output with minimum cost per unit.
  7. 13. The business function responsible for hiring, training, and managing employees.