Business Management

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Across
  1. 4. Is the ability of a leader or manager to make decisions with little or no outside input. Instead, autocratic leaders rely on their own ideas and instincts when making decisions.
  2. 6. Are the people needed to run the business. They include managers and employees, as well as a more abstract element, called enterprise.
  3. 10. Is a for-profit business owned by numerous shareholders who enjoy limited liability. That is, individual shareholders are not responsible for the debts of the business.
  4. 11. Are intangible products that cannot be touched.
  5. 12. Are owned by a relatively small number of shareholders, who may find it difficult to sell their shares if they wish to 'cash out' and use the funds for another purpose.
  6. 16. Are non-profit organisations that exist to benefit the public. Charities enjoy tax advantages under UK law.
  7. 18. Are physical products that are tangible, meaning they can be touched.
  8. 20. Includes all those organisations that are owned and operated by either the central government or local governments (municipalities), or their agencies.
  9. 22. the work of directing a business organisation resources.
  10. 23. Are the funds needed to set up and invest in a business and keep it running on a daily basis.
  11. 27. Is the ability of a leader or manager to give employees minimal direction and large amounts of freedom to make decisions and find their own methods of accomplishing objectives.
  12. 28. Are arrangements whereby the public sector enlists the help of a private sector organisation in order to meet its objectives more efficiently. PPPs often involve large infrastructure projects.
  13. 31. Involves transforming raw materials into finished or semi-finished products. It includes construction, processing and manufacturing
  14. 32. Involves the delivery of services such as education, health care, travel and tourism, entertainment and home and car repair services.
  15. 33. Set up by consumers in order to benefit from lower prices, better service, or both.
  16. 34. 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 another sector
Down
  1. 1. Are those physical, fináncial and human resources.
  2. 2. Make financial services available to individuals whose needs would otherwise not be met by traditional financial institutions like banks.
  3. 3. Includes all those organisations that are owned by individuals or groups of individuals
  4. 5. What is the name of the person who designs, launches and starts a business, based on an innovation.
  5. 7. The use of strategic and creative thinking that inspires people to meet challenges and accomplish defined goals.
  6. 8. Broad category of non-profit organisations that have a purpose or mission to benefit society or the environment.
  7. 9. Involve individual shopkeepers who form cooperatives to better negotiate with the suppliers of the products sold in their stores.
  8. 13. Is the process of setting up a new business.
  9. 14. Is the ability of a leader or manager to adjust their style of leadership to fit the task or situation that they find themselves in.
  10. 15. The person or company receiving a good, service, product or idea, in exchange for money or other valuable item.
  11. 17. The Output is the good or service that has been obtained after a productive process in which a number of factors have intervened.
  12. 19. A person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses.
  13. 21. Set of assets available to a person, especially in the form of money.
  14. 24. Is characterised by inclusiveness. Employees feel validated and are encouraged to share their ideas, participating in the decision-making process
  15. 25. Involves extracting raw material from the earth. It includes activities such as agriculture, fishing, forestry, and mining for minerals, metals, and oil.
  16. 26. This function can go by several different labels: Accounting Department, Finance Department, Bookkeeping (in small businesses), among others.
  17. 29. Set of techniques and studies that aim to improve the commercialization of a product.
  18. 30. Are the sort of organisation many of us think of when we think of business.