business management

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Across
  1. 4. sector/ includes services related to the development and use of data and information. It is a new term and is usually considered as a subset of the tertiary sector.
  2. 6. of command/ in an organisation is the line of authority and responsibility along which orders are passed from one person to another.
  3. 11. sector/ involves extracting raw material from the earth. It includes activities such as agriculture, fishing, forestry, and mining for minerals, metals, and oil.
  4. 13. are the individuals with the talent, perseverance and appetite for risk that lead them to create new organisations.
  5. 14. enterprises/ are organisations that engage in business activity but that have also set themselves important goals in terms of improving society or protecting the environment.
  6. 17. is the activity of entrepreneurship when it takes place within an established organisation
  7. 20. are intangible products that cannot be touched.
  8. 21. chart/ is a graphical illustration of relationships between an organisation's departments, functions and people.
  9. 23. functions of management/ summarise the work a manager does within a business organisation, such as planning, coordinating, commanding, controlling and organising activities.
  10. 25. structure/ determines how tasks are divided and coordinated, who employees report to, who has the authority to define tasks to employees and what the role of each employee is in the organisation.
  11. 26. are non-profit organisations that exist to benefit the public.
  12. 27. of control/ describes the number of subordinates that a manager or supervisor can directly control.
  13. 28. sector/ involves the delivery of services such as education, health care, travel and tourism, entertainment and home and car repair services.
  14. 29. partnerships/ are arrangements whereby the public sector enlists the help of a private sector organisation in order to meet its objectives more efficiently.
  15. 30. are physical products that are 'tangible', meaning they can be touched. include items like computers, TVs, clothing, furniture, vehicles and industrial equipment.
  16. 35. is the assignment of responsibility or authority to another person to carry out specific activities.
Down
  1. 1. sector/ includes all those organisations that are owned by individuals or groups of individuals.
  2. 2. is a for-profit business owned by numerous shareholders who enjoy limited liability.
  3. 3. sector/ includes all those organisations that are owned and operated by either the central government or local governments (municipalities), or their agencies, such as the National Health Service in the United Kingdom.
  4. 5. is a for-profit business owned by two or more individuals who are each personally responsible for the debts of the business.
  5. 7. are encouraged by their employers to take risks to develop new products, processes, and services while retaining their status as employees.
  6. 8. organisations/ are non-profit organisations that usually state their purpose or mission as benefiting society or the environment.
  7. 9. is a pyramid-like structure where each level (except the top and the bottom levels) has one higher and one lower level.
  8. 10. is the process of setting up a new business.
  9. 12. means a transfer of decision-making power.
  10. 15. is defined as the values that guide people’s behaviour in society and that translate into work-related behaviour and attitudes
  11. 16. is an organisation that is owned by its members who come together to work towards a common interest.
  12. 18. plan/ is usually a written document that describes all the aspects of a new enterprise in terms of the product or business idea, marketing, finance, operations, and human resources.
  13. 19. values/ are principles that govern a person's behaviour or the conducting of an activity. These values and principles allow an individual to distinguish between right and wrong.
  14. 22. is a system of administration with clear hierarchical structure in which people are expected to follow precisely defined rules and procedures.
  15. 24. providers/ make financial services available to individuals whose needs would otherwise not be met by traditional financial institutions like banks
  16. 31. trader/ is a for-profit business owned by a single individual.
  17. 32. is the work of directing a business organisation's resources (physical and non-physical) to achieve business objectives.
  18. 33. sector/ involves transforming raw materials into finished or semi-finished products. It includes construction, processing and manufacturing.
  19. 34. is the HR strategy of reducing the number of levels in the organisational hierarchy.