Business Studies Crossword
Across
- 2. LIFE CYCLE, The stages a product goes through from introduction to decline.
- 4. LIABILITY, Protection for shareholders where their personal assets are not at risk beyond their investment.
- 5. MIX, The combination of product, price, place, and promotion strategies.
- 7. COSTS, Expenses that do not change with the level of output, like rent.
- 10. An individual who organises and manages a business, taking on financial risks.
- 12. TRADER, A business owned and controlled by one person.
- 13. Moral principles that guide a business's behaviour.
- 16. FLOW, The movement of money into and out of a business.
- 17. RESEARCH, Gathering new, original data directly from sources.
- 18. GROWTH, Expansion of a business from within, using its own resources.
- 19. The total income generated from sales of goods or services.
- 20. The financial gain when total revenue exceeds total costs.
Down
- 1. Individuals or groups with an interest in the activities of a business.
- 3. The process of attracting, screening, and selecting qualified people for a job.
- 6. A financial plan for future income and expenditure.
- 8. SEGMENTATION, Dividing a broad consumer market into sub-groups based on shared characteristics.
- 9. INTEGRATION, When a business merges with or takes over another at a different stage of the supply chain.
- 11. OF SCALE, Cost advantages experienced by businesses as they increase their level of output.
- 14. RESEARCH, Using existing data that has already been collected by someone else.
- 15. The point at which total costs equal total revenue, resulting in zero profit.