Commerce Glossary words

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Across
  1. 4. opportunity something an entrepreneur can see as an avenue to success
  2. 5. whether the benefits outweigh the costs
  3. 10. refers to rivalry among businesses that try to supply the needs and wants of a market
  4. 12. marital status, family size and income
  5. 13. factors population characteristics that affect customer spending which include: age, ethnicity,
  6. 14. money owing to external sources; e.g. a bank
  7. 15. funds contributed by the business owner(s)
Down
  1. 1. regarded as innovative.
  2. 2. items of value
  3. 3. analysis a detailed examination of the strengths and weaknesses of different alternatives in order to
  4. 6. a person who sets out to build a successful business in a new field. An entrepreneur’s methods are
  5. 7. social responsibility when businesses consider the interests of stakeholders, society and the
  6. 8. the monetary value of a business’s reputation
  7. 9. when making economic and business decisions
  8. 11. involves buying the rights from another business to distribute its products under its name