GCSE Business: Unit 1 key terms revision crossword

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Across
  1. 1. Essential goods or services required for survival.
  2. 3. A specific target or goal a business aims to achieve.
  3. 4. Businesses that manufacture or process raw materials into goods.
  4. 5. A person who owns part of a company through shares.
  5. 7. The potential benefit gained from taking a business risk.
  6. 9. The money spent by a business to operate and produce output.
  7. 10. The chance of failure or loss when starting or running a business.
  8. 11. A situation where owners are only liable for the amount invested.
  9. 14. Units of ownership in a company that can be bought and sold.
  10. 18. A person or organisation that hires workers.
  11. 19. A person or organisation that purchases goods or services.
  12. 24. Businesses involved in extracting natural resources.
  13. 25. A category of business activity grouped by type of production.
  14. 28. The skill of identifying opportunities and taking risks to start a business.
  15. 30. Intangible activities provided to customers.
  16. 31. The extent to which owners are responsible for business debts.
  17. 32. Businesses that provide services to consumers or other businesses.
  18. 34. Goods or services that are not essential but improve quality of life.
  19. 36. Rival businesses offering similar products or services.
Down
  1. 2. A business owned and run by one individual who keeps all profits.(4,6)
  2. 6. A business owned by two or more people who share profits and responsibilities.
  3. 8. A person who sets up a business and takes on financial risks.
  4. 12. A person who works for a business in return for wages or salary.
  5. 13. Organisations owned and run by the government.
  6. 15. A business that provides goods or materials to another business.
  7. 16. Physical products that can be seen and touched.
  8. 17. A company owned by shareholders whose shares are not sold to the public.
  9. 20. A situation where the owner is personally responsible for all business debts.
  10. 21. A payment made to shareholders from company profits.
  11. 22. An organisation that produces goods or services to meet customer needs.
  12. 23. The place where a business is situated or operates.
  13. 24. A company whose shares are sold on the stock market to the general public.
  14. 26. The place or process where buyers and sellers interact.
  15. 27. Businesses owned by individuals or groups rather than the government.
  16. 29. The financial gain made when revenue exceeds costs.
  17. 33. The total income received from sales of goods or services.
  18. 35. A person or group with an interest in a business’s activities.