EOY L4 Crossword

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Across
  1. 2. A physical product.
  2. 6. An intangible product.
  3. 7. Sets out the qualifications, skills and experience needed to do a job.
  4. 8. A business set up and run by one person.
  5. 9. When two or more employees agree to share the responsibilities of a single job
  6. 12. States information about the duties and tasks that make up a particular job.
  7. 15. Removing a level of management from the organisational hierarchy.
  8. 17. Financial reward for achieving a target.
  9. 20. A factor of production - where a business is located and natural resources used.
  10. 22. The lowest amount that an employer can legally pay an employee aged 21 or over.
  11. 23. A legal agreement between partners.
  12. 24. The process of finding and appointing new employees.
  13. 27. Allows employers to hire employees without any guaranteed hours of work.
  14. 30. The collection and interpretation of information about a job.
  15. 32. The reasons why people work.
  16. 34. The cost of borrowing or reward for saving money.
  17. 39. A factor of production - the skills of entrepreneurs who create businesses.
  18. 41. A limited liability company whose shares cannot be bought the stock market.
  19. 44. An owner of a PLC or LTD.
  20. 46. The passing of authority from a manager to a subordinate to complete a task.
  21. 47. Someone who buys a product or service.
  22. 48. A shareholders portion of company profits.
  23. 50. When an employee works between 35 and 40 hours per week.
  24. 54. Someone willing to take risks to start a business.
  25. 55. Filling a position of employment with a candidate from outside of the company.
  26. 58. The inputs that businesses use to provide their goods or services.
  27. 59. An organisation with few layers of management in the hierarchy and wide span of control.
  28. 60. The percentage of workers who stay in a business over a period-of-time, e.g. a year.
  29. 61. The quantity of goods or services produced by an employee in a period of time.
  30. 62. The number of layers of management within an organisation.
Down
  1. 1. Someone who uses a good or service.
  2. 3. A higher rate paid when employees work additional hours.
  3. 4. When a LTD becomes a PLC and sells shares on the stock market.
  4. 5. A subordinates immediate superior.
  5. 10. A factor of production – Equipment and machinery used in production.
  6. 11. When two or more people jointly own and run a business.
  7. 13. A business that tries to help society rather than make a profit.
  8. 14. The way employees within a business are arranged.
  9. 16. The cost of the next best alternative foregone up when a decision is made.
  10. 18. Usually paid weekly and based on an agreed number of hours worked.
  11. 19. A legal document stating hours of work, pay, holiday entitlement and conditions.
  12. 21. Choosing the right employee from those who applied for a job.
  13. 25. A limited liability company whose shares can be bought the stock market.
  14. 26. When a vacancy is filled from within the existing workforce.
  15. 28. When an employee works fewer 35 hours per week.
  16. 29. A factor of production - the number and skills of business employees.
  17. 31. The sector of industry that extracts and produces raw materials, e.g. farming.
  18. 33. A general rise in prices in an economy.
  19. 35. A surplus of revenue over costs.
  20. 36. Items that we can survive without.
  21. 37. Wages paid based on the number of products made.
  22. 38. The number of subordinates a manager is responsible for.
  23. 40. Where the personal possessions of business owners can be sold to pay business debts.
  24. 42. Anyone interested in what a business does.
  25. 43. The sector of industry concerned with making products, e.g. construction.
  26. 45. A target for a business to achieve.
  27. 49. where decision making responsibility is distributed throughout an organization.
  28. 51. The sector of industry that provides service, e.g. marketing, law or consultancy.
  29. 52. Where most important decisions are made by a small group of senior managers.
  30. 53. The lowest amount that an employer can legally pay an employee aged 20 or under.
  31. 56. An organisation with many layers of management in the hierarchy and narrow span of control.
  32. 57. An annual form of pay split into twelve monthly instalments.