Business IGCSE Key Terms

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Across
  1. 1. A business that that is owned by one person who has unlimited liability
  2. 4. The process of finding and selecting workers.
  3. 9. When a business sell shares publicly on the stock exchange for the first time
  4. 10. A cost-based method for setting the prices of goods and services and is calculated by adding a mark-up percentage to the cost of the product: ___________ pricing
  5. 11. Goods or services that are produced in this country and sold to other countries
  6. 13. Authority to pass down from superior to subordinate.
  7. 14. Giving official authority to employees to make decisions and to control their own work activities.
  8. 15. A type of public relations where a business aims to improve brand awareness through making
  9. 16. The share of the profit received by a shareholder
  10. 17. Referred to informally as firing or sacking. It is the termination of employment by an employer against the will of the employee.
Down
  1. 2. Where a business acquires another business
  2. 3. A payment system where employees are paid an agreed rate for every item produced
  3. 5. The income from sales; price x quantity sold
  4. 6. The difference between revenue and cost of sales
  5. 7. the growing integration of the world's economies
  6. 8. A method used to analyse the product portfolio of a business that contains stars, Cash cows, question marks and dogs.
  7. 12. The money raised by a business from the sale of shares
  8. 13. to individuals and organisations