Fundamentals of Business and Economics

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Across
  1. 3. the five types include; form, place, possession, time, and information
  2. 5. a condition or state in which economic forces are balanced
  3. 6. The exchange of currency, goods, and services interchangeably.
  4. 9. intangible items that have monetary value and satisfy your needs and wants.
  5. 10. the idea that a business should strive to satisfy customer's needs and wants while generating a profit
  6. 12. a condition or state in which economic forces of supply and demand are balanced
  7. 13. the total amount of a specific good or service that is available to consumers
  8. 14. Tangible items that have monetary value and satisfy your needs and wants.
  9. 15. the action of making, purchasing, or selling goods and services.
Down
  1. 1. Decisions about advertising personal selling, sales promotion, and public relations used to attract customers.
  2. 2. the inputs used to produce and distribute goods and services.
  3. 4. The degree to which demand for a product is affected by its price
  4. 7. a consumer's desire to purchase goods and services
  5. 8. consists of Product, Place, Price, and Promotion
  6. 9. stands for Strengths, Weaknesses, Opportunities, and Threats
  7. 11. The difference between wants and needs and available resources.