IGCSE Business Studies: Business Activity
Across
- 2. type of goods sold to the public
- 4. can be used over and over again
- 5. when production is split into separate tasks and employees do just one of those tasks
- 7. increase in the worth of a product or service compared to the cost of its inputs
- 9. products sold to other businesses to help them in production process
- 11. readiness to take the risk of setting up a business
- 13. state of being in short supply
- 14. a good or service people would like but is not essential for living
- 15. number of people available to work
- 17. when businesses and people concentrate on what they are best at
Down
- 1. inability to provide unlimited goods and services due to limited factors of production
- 3. non-tangible products, e.g. insurance, transport
- 6. all the natural resources
- 8. machinery, equipment and finance needed to produce goods and services
- 10. cost the benefit that could have been gained from an alternative use of the same resource
- 12. the resources needed to produce goods and services
- 16. a good or service that is essential to living