Business Studies

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Across
  1. 2. a good service which people would like, but is not essential for living.
  2. 6. to shareholders as a reward for their investment.
  3. 7. An individual or group which has an interest in a business because they ar affected by its activites and decisions.
  4. 10. firms whose business activity involves the extraction of natural resources.
  5. 12. firms that supply a service to consumers and other businesses.
  6. 16. A good serving which is essential for living
  7. 17. the owners of a limited company.
  8. 19. production is divided into separate tasks and each employee does just one of the tasks
  9. 22. the amount a business earns from the sale of its products.
  10. 24. there are not enough goods and services to meet the wants of the population.
  11. 25. people and businesses concentrate on what they are best at.
  12. 26. a statement of a specific target to be achieved.It should be SMART.
  13. 28. an individual who has an idea for a new business and takes the financial risk of starting up and managing it.
  14. 29. the revenue of a business expressed as a percentage of total market revenue.
  15. 30. the resources needed to produce goods and services - land, labor, capital, and enterprise.
Down
  1. 1. The finance needed when first setting up a business.
  2. 3. A business by two or more people who will usually share responsability for the day--to-day running of the business. Partners usually invest capital in the business and will share profits
  3. 4. physical goods, such as machinery and delivery vehicles , used by other businesses to help produce the goods and services.
  4. 5. A business that is owned and controlled by just one person who takes all of the risks and recives all the profit.
  5. 8. The process of producing goods and services to satisfy consumer demand.
  6. 9. A group of like-minded people that puts pressure on businesses and gouverment to change their polices to reach a predetermined objective.
  7. 11. A business with social objectives that reinvests most of its profit back into the business or into benefiting society at large.
  8. 13. a payment, out of
  9. 14. non-current assets offered as security against borrowing.
  10. 15. Unlimited wants cannot be met because there are limited factors of production.
  11. 18. a business system where entrepreneurs buy the right to use the name, logo and product of an existing business.
  12. 20. often a small to medium-sized company; owned by shareholders who have limited liability. The company cannot sell its shares to the general public.
  13. 21. 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.
  14. 23. an economy where the resources are owned and controlled by both the private and the public sectors.
  15. 27. a person or organisation who owns shares in a limited company.