Business crossword

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Across
  1. 1. a person or organisation who owns shares in a limited company.
  2. 4. products which are sold to the final consumer. They can be seen and touched, for example computers and food.
  3. 6. firms that supply a service to consumers and other businesses.
  4. 7. A good or service which is essential to living.
  5. 9. The process of producing goods and services to satisfy consumer demand.
  6. 11. the production and supply of goods to the final consumer involves activities from primary, secondary and tertiary sector businesses.
  7. 13. the part of the economy that is owned and controlled by individuals and companies for profit.
  8. 14. a business formed by two or more people who will usually share responsibility for the day-to-day running of the business. Partners usually invest capital in the business and will share profits.
  9. 16. often a small to medium-sized company; owned by shareholders who have limited liability. The company cannot sell its shares to the general public.
  10. 17. The resources needed to produce goods-and-services - land, labour, capital and enterprise.
  11. 18. capital the finance needed when first setting up a business.
  12. 21. the part of the economy that is controlled by the state or government.
  13. 22. a business that is owned and controlled by just one person who takes all of the risks and receives all of the profits.
  14. 25. firms that process and manufacture goods from natural resources.
  15. 28. People and businesses concentrate on what they are best at.
  16. 30. unlimited wants cannot be met because there are limited factors of production. This creates scarcity.
Down
  1. 2. The benefit that could have been gained from an alternative use of the same resource.
  2. 3. a newly formed business. They usually start small, but some might grow to become much bigger.
  3. 5. non-tangible products such as insurance services, transport.
  4. 8. firms whose business activity involves the extraction of natural resources.
  5. 10. a business that does not have legal identity separate from its owners. The owners have unlimited liability for business debts.
  6. 12. an individual who has an idea for a new business and takes the financial risk of starting up and managing it.
  7. 15. if an unincorporated business fails, then the owners might have to use their personal wealth to finance any business debts.
  8. 19. the amount a business earns from the sale of its products.
  9. 20. There are not enough goods and services to meet the wants of the population.
  10. 23. A good or service which people would like, but is not essential for living.
  11. 24. a detailed written document outlining the purpose and aims of a business which is often used to persuade lenders or investors to finance a business proposal.
  12. 26. Production is divided into separate tasks and each employee does just one of those tasks.
  13. 27. physical goods, such as machinery and delivery vehicles, used by other businesses to help produce other goods and services.
  14. 29. an economy where the resource are owned and controlled by both the private and public sectors.