Business Studies chapters 1-6

12345678910111213141516171819202122232425
Across
  1. 4. Skill/risk-taking ability of entrepreneurs.
  2. 6. the reason why employees want to work hard and effectively for the business
  3. 8. We cannot live without these.
  4. 9. Governments selling parts of of whole businesses to private sector firms
  5. 11. Business takes over or merges with another.
  6. 13. non-current assets offered as security against borrowing.
  7. 18. a person or organization who owns shares in a limited company.
  8. 21. Payments made to shareholders from the profit (after tax) of a company.
  9. 24. the production an supply of goods to the final consumer involves activities from primary, secondary and tertiary sector businesses
  10. 25. Governments selling parts of of whole businesses to private sector firms
Down
  1. 1. a business system where entrepreneurs buy the right to use the name, logo and product of an existing business.
  2. 2. physical goods, such as machinery or delivery vehicles that are used by other businesses to help produce other goods and services
  3. 3. There is a decline in the importance of the secondary, manufacturing sector of industry in a country.
  4. 5. an individual or group which has an interest in a business because they are affected by its activities and decisions.
  5. 7. additional amount of payment above basic pay as reward for good work
  6. 10. a business formed by two or more people who will usually share responsibility for running the company.
  7. 12. a statement of a specific target to be achieved. It should be SMART.
  8. 14. the share holders in a limited liability company which fails only risks losing the amount they have invested in the company and not any of their personal wealth.
  9. 15. Total income (sales revenue) - total costs
  10. 16. looking at jobs and adding more tasks that require more skill and/or responsibility
  11. 17. It is the difference between the selling price of a product and the cost of bought in materials and components.
  12. 18. payment for work, usually paid monthly, into bank account
  13. 19. an economy where the resources are owned and controlled by both private and public sectors
  14. 20. there are not enough goods to meet the wants of the population
  15. 22. an individual who has an idea for a new business and takes the risk for starting it up and managing it
  16. 23. All natural resources