Business - Unit 1 Topic 2
Across
- 3. customers, interest groups, competitors and suppliers
- 5. situation in which a business is surviving
- 6. general direction something is developing over a period of time, change in financial data
- 8. 2,1,2
- 9. explain means ___________
- 12. stage beginning of the business lifecycle
- 14. owners, structure, culture and employees
- 15. position in the market, competitive advantage
- 16. business ideas often come from a desire to solve this
- 17. ability to respond when things don'd go to plan
- 19. process of creating, starting and maintaining businesses that often involve initiative, innovation and risk
- 20. what degree has the business optimized its use of resources?
- 22. regular and intelligible form or sequence, repetitive outcome or impact
- 24. process of adapting something existing or contributing to making it better.
- 25. connection between variables
Down
- 1. considers legislation, taxation and regulation
- 2. satisfaction understanding stakeholders, managing stakeholders, meeting needs
- 4. important trait of a successful entrepreneur
- 7. helping businesses innovate, compete and grow through funding
- 10. what extent has the business met its goals and solved targeted problems?
- 11. effect of emerging technologies on industry
- 13. market large number of producers compete with each other to meet needs of consumers
- 18. considers the economy, exchange rates, income and employment
- 21. generating, developing and evaluating ideas for launching innovative new businesses
- 23. use knowledge and understanding to recognise trends and draw conclusions