Business Studies Crossword

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