Business Activity 1

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Across
  1. 2. Is when a business just manages to keep going.
  2. 3. Is where the responsibility for the debts of a business is limited to the amount investigated by a shareholder. A feature of private and limited companies. (Two words)
  3. 4. Are where a business sells it's goods and services.
  4. 5. Is a business owned by between two and twenty partners.
  5. 8. Is the share of the total market for a product or service and is shown as a percentage. (Two words)
  6. 12. Are what the business aims to achieve, and include survival, profit, growth and providing a service. (Two words)
  7. 18. Is a business owned by one person. (Two words)
  8. 19. Are part partnership part limited company. Owners are members, not partners. They have limited liability and have to make their finances available to the public. (Three words)
  9. 21. Is the money paid to a shareholder from the profits of a limited company. This is the reword for the shareholder taking a risk by investing money in the company.
  10. 22. Is money raised to start or develop a business.
  11. 23. Is the difference between revenue and costs.
  12. 24. Is a business word used instead of money. The finance needed to start a business is the money needed to do so.
  13. 25. Is a large business, where shares can be sold to the general public enabling vast sums of money to be raised to develop the company. Has plc after it's name. (Three words)
Down
  1. 1. Is often (but not always) a smaller business. Owned by at least two shareholders. Shares cannot be sold to the general public. Has Ltd after it's name. (Three words)
  2. 6. Are the owners of a private or public limited company.
  3. 7. Is where a business becomes larger, for example by making more products or opening more places where goods and services are sold.
  4. 9. Is a document setting out the operations of the partnership, including amount of capital to be invested and how profits will be shared. (Three words)
  5. 10. For a business can take many forms, including making a profit, surviving and providing a good service to customers.
  6. 11. Is a simple plan which sets out details on the product or service being sold, where the finance is to come from to start the business, how the product or service is to be marketed, and the market research to show there is a need for what is being sold. (Two words)
  7. 13. Is where the responsibility for all the debts of a business resets with the owners of the business. A feature of sole traders and partnerships. (Two words)
  8. 14. Is a partner who invests in a partnership but has no part in the running of the business. (Two words)
  9. 15. Is making just enough profit to provide the business owner with a decent living. More common in smaller businesses.
  10. 16. Is a term used to explain how a business works.
  11. 17. Are the things that a business is trying to achieve, such as grow larger, or make more profit. (Three words)
  12. 20. Are the things that a business needs to make it work, including finance, staff and material.