Business Theme 1

Across

3. capital, An experienced business person provides funds for small or medium sized companies that may be considered too risky for other investors, in return for equity
7. The number of products a business must sell so that its total revenue is the same as its total costs. At this point the business will make no profit or loss.
9. Data which is limited in detail, but can easily be put into graphs and charts for analysis.
11. Cash outflow ‐ Money leaving the business. E.g. Wages, suppliers, loan repayments or advertising.
12. An attempt to obtain and retain customers by drawing their attention to a business or its products. E.g. Sales promotions, advertising and public relations.
18. A person who organises resources, makes decisions and takes risks in business, in order to benefit from the potential future rewards.
22. Non‐physical items a business sells. E.g. Hairdressing, public transport & music streaming.
24. cost, Costs which do not change with output. E.g. Rent or salaries.
25. A business organisation that is usually owned by 2‐20 people, who have unlimited liability.
29. Where a large number of individuals invest into a business project on internet sites such as Kickstarter.
31. Goods and services that are bought into one country from another.
32. With agreement from your bank, taking more out of your account than you actually have, leaving a negative bank balance.
34. A prediction of future finances. E.g. Sales, cash flow or profits.
36. value, The difference between the cost of the materials taken to make a product and the price that is charged for the product.
37. Hardware and software that businesses may use.
38. The use of online systems to sell goods and services.
39. Where a business locates.
42. The amount charged to the customer for the product.
44. The good or service a business is selling.
45. credit, A period of time given to a customer between receiving the goods and payment being due.
46. Goods or services that a firm produces in its home market, but sells in a foreign market.

Down

1. The person who buys the product.
2. The number of people who are looking for work but unable to find any.
4. When companies produce comparable products or services within the same market.
5. A product which is out of date and no longer used.
6. The land, labour and capital used by entrepreneurs. E.g. Buildings, equipment & staff.
8. Data which is detailed and contains information about people's feelings and opinions.
10. Charges from the government.
13. Judging someone based on their age, gender, race, religion or disability.
14. rate, The price of one currency in terms of another
15. What the customer wants, these can change over time. E.g. Price, quality, choice or convenience.
16. The right given by one business to another to sell goods or services using its name.
17. Profit that is 'ploughed back' into the business.
19. A situation or decision that has exposure business failure, financial loss or lack of security.
20. Cash inflow ‐ Money coming into the business. E.g. Revenue, a loan or another source of finance.
21. A general and persistent rise in prices which reduces purchasing power.
23. The return for taking a risk and making it a success.
26. Physical items a business sells. E.g. Bikes, laptops & pens.
27. Liability Where a business and its owners have separate legal identities, meaning shareholders can only lose the original amount they invested into a business.
28. A person who owns a 'share' in a business.
30. The characteristics of the population in terms of age and gender.
33. , Collecting and analysing data from customers, competitors and the market in general.
35. The advantage one company has over another, or several others.
40. The amount left from revenue after costs have been paid.
41. The money made from selling a product.
43. flow, The flow of money into and out of a business over a period of time.