Business Challenge
Across
- 4. the number of people in the workforce who are willing and able to work but cannot find a job
- 7. 1+1=3
- 9. a high-risk growth strategy that involves a business selling new products in new markets.
- 12. an agreement between a franchisor selling its rights to other businesses to allow them to sell products under its name in return for a fee and royalty payments.
- 13. general price level in an economy continuously rises.
- 14. the termination of a worker's employment due to incompetence.
- 15. the process of hiring suitable workers.
- 16. a type of trade barriers which are quantity limits on the sale of foreign imports
- 17. individuals or organizations that have a direct interest in the activities and performance of a business
- 19. transferring a staff member from a department to other areas of the business
- 21. the process of providing opportunities for workers to acquire employment
- 22. the moral values that determine affect business behavior and decision making
Down
- 1. one of the factor stimulating the growth in globalization
- 2. the integration and interdependence of economic, social, technical and cultural issues of the world's economies
- 3. a method of workforce planning whereby employees work in a location away from the workplace.
- 5. a form of external growth whereby one firm buys up another by purchasing a controlling interest in that company
- 6. a form of growth whereby two or more firms agree to form a new organization, thereby losing their original identities.
- 8. a type of government policies used to safeguard the interest of domestic industries from foreign competition
- 9. the removal of government rules and regulations which constrain an industry.
- 10. the process of sifting through applications to identify suitable candidates for the job.
- 11. business that provide a diversified range of products and operate in an array of different industries.
- 15. when the employer can no longer afford to hire the worker
- 18. situations where people have disagreements on certain matters due to differences in their opinions.
- 20. a type of tax on imports
- 21. the short-term methods that firms can use to achieve their objectives.