Early topic revision crossword

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Across
  1. 6. A government run business that aims to provide a service to the community but also aims to make a profit.
  2. 9. Business objective which can be achieved by maximising the difference between revenue and expenses.
  3. 10. Applies to both a sole trader and a partnership but not a private limited company or a public listed company.
  4. 14. These are likely to be lacking if an autocratic or persuasive management style is used.
  5. 15. A common business objective is to increase this and it measures a business' sales as a percentage of the total sales in an industry.
  6. 18. A stakeholder that would be negatively impacted if a business cut local jobs.
  7. 20. Sole traders and partnerships do not have these.
Down
  1. 1. May get financial benefits for leading a business towards the achievement of business objectives.
  2. 2. A stakeholder that may lose business if a business moves production overseas.
  3. 3. Maximum number of shareholders in a private limited company.
  4. 4. One way to achieve the business objective of meeting shareholder expectations is to meet shareholder expectations in relation to these.
  5. 5. Reducing levels of this can help a business achieve its objective of improving efficiency.
  6. 7. Business objective which relates to how well a business uses their resources to produce goods/services.
  7. 8. An advantage of a sole trader is no partner ___________.
  8. 11. A partnership will generally have more access to this than a sole trader which increases the likelihood of business success.
  9. 12. A downside of using a consultative or participative management style.
  10. 13. Employees interest for these to increase may conflict with owners interest of increased profit.
  11. 16. Whilst managers will try and minimise expense to maximise profits, this stakeholder's interest will conflict with this as they will be concerned with increasing their own revenue.
  12. 17. A term used to describe individuals or groups who have a vested interest in the performance and activities of a business.
  13. 19. A downside of establishing a private limited company or public listed company.