business studies

2. Something offered or given in return for a service
4. A tool used to gain an overview of how a market is segmented. Useful for finding gaps in the market
6. Gets people to work harder and produce high quality products. They are motivated by rewards (e.g. money) or promotions
7. money made
8. Where there is between 2-20 owners. They have unlimited liability. They must sign a deed of partnership
11. buying the rights to set up a store that already belongs to a company
12. market. Companies or organisations that purchase goods and services and then sell or rent to another business
13. measureable aim. fact
14. objects people buy
15. something they want to achieve
16. A business owned and controlled by 1 person who makes all the decisions
18. how a business id going to complete their aim
22. startreck.....
25. Somebody who uses the end product
26. research Getting information from/about customers

1. jobs Providing people with services
3. A non-measurable aim. An opinion
5. someone who hires someone
9. where someone sells their skills
10. liability which You could be responsible for all the debt., even if you only invested £1
12. Where 1 industry requires the other 2
16. jobs Working in industry/factories
17. liability which You only lose the money that you invested
19. service. This is how the workers act towards the customers. You can have good and bad customer service.
20. jobs Extracting the raw materials
21. Possibility of going wrong
23. limited company Owned by shareholders. Limited liability. Non-public shareholders-friends and family.
24. market. The sales of goods and services from an individual or company to the end user