Business foundations

2. Course of action purposely to achieve business objectives
5. Prior thinking considering how to best achieve objectives
6. The values and beliefs the company is trying to convey to the public
9. Converting inputs into outputs
13. needs of the customers most likely to purchase your goods or service
14. revenue-generating business with sole purpose to reinvest in the business
15. Employees are totally responsible for decision making
16. the actual values and beliefs present in the company
17. group of individual who has a vested interest in the business
19. An individual operating as a sole person legally responsible for the business
21. Transferring information from sender to receiver
22. Benefits the community through the actions of the business
24. Commonwealth entity or company that aims to act like a business to make profit
25. consults with staff on issues before making final decision
26. Between 2 - 20 people involved in the business
27. Decision making responsibility is shared with employees

1. Assistance for individuals having technical problems
3. Managing employees relationships within the business
4. Leader dictates policies and procedures
5. Leader attempts to convince employees of their decision
7. money remaining after total costs are deducted
8. Have their own legal identity
10. Connecting the goods with the end customer
11. percentage of total industry sales
12. transfer authority and responsibility from manager to employee
18. guiding the business towards achieving its objectives
20. shareholders own the company. Shares can be listed on the stock exchange
23. shared values, ideas, expectations and beliefs in a business