DP 2023s

123456789101112131415161718192021222324252627282930
Across
  1. 4. Intermediaries that buy products from a manufacturer and sell these in smaller quantities to retailers.
  2. 7. A growth strategy in the Ansoff matrix, which involves a business launching new products in new markets, such as Honda (motor vehicles) manufacturing lawnmowers and jet planes.
  3. 11. Also known as a performance review, this is the formal procedure of assessing the performance and effectiveness of an employee, in relation to his/her job description
  4. 12. Marketing practice of creating and using an appropriate marketing mix and marketing strategies to cater for different market segments
  5. 14. Suppliers that allow a business to purchase goods and/or services on trade credit
  6. 16. When an organization no longer has a job for the employer or when the employer can no longer afford to hire the employee, i.e. the job ceases to exist
  7. 18. Growth strategy that involves the right to trade using another company’s products, brand name and corporate logo.
  8. 20. The overall purpose of an organization’s existence, which forms a major element of its corporate culture
  9. 24. The ability of an organization or an economy to continue its business activities indefinitely, without jeopardising opportunities for future generations
  10. 26. A business-minded person who manages, organizes and plans the production process, taking risks with business decision-making
  11. 27. Goods or services that are perceived by customers to be of high quality and high price
  12. 28. Financial service that enables businesses to have access to fixed assets, by hiring these assets, but without the high costs of capital expenditure.
  13. 29. Products in the BCG Matrix that operate in low growth markets yet have low market share, so are at the end of their product life cycle.
  14. 30. This activity happens when an organization relocates some of its operations overseas, usually due to cost advantages
Down
  1. 1. Management style that involves centralised and autonomous decision-making, without input from others in the organization
  2. 2. Commercial businesses that sell a manufacturer’s products directly to consumers
  3. 3. The use of third-party subcontractors for carrying out non-core activities of an organization in order to improve operational efficiency and reduce production costs.
  4. 5. The process of using a mediator to help facilitate negotiations during the conflict resolution process
  5. 6. The proportion or subgroup of the population selected for market research purposes
  6. 8. When objectives are specific, measurable, agreed (or achievable), realistic (or relevant), and time bound
  7. 9. Financial ratios that examine an organization’s ability to pay its liabilities and debts
  8. 10. A business alliance of individual owners who are jointly responsible for the business
  9. 13. Goods or services that are perceived by customers to be of high quality but sold at a low price
  10. 15. The debts of a business, i.e. the money owed to others, e.g. money owed to financiers, trade creditors, and the government (for tax)
  11. 17. Production technique that involves teams of people working on a certain section of the production process, completing a whole unit of work.
  12. 19. Ways in which a business plans to reach its long-term organizational aims
  13. 21. The pricing strategy that sets a high price during the introductory (launch) of a new and original product, with gradual price reductions as rival products enter the market
  14. 22. The employer’s decision to terminate a worker’s employment contract, usually due to the worker’s incompetence and/or a breach of their employment contract
  15. 23. Acronym of the profitability ratio that measures a firm’s efficiency and profitability in relation to its size (as measured by the value of the organization’s capital employed).
  16. 25. Form of external growth that involves two or more companies agreeing to form a single, larger company thereby benefiting from operating on a larger scale