Internal environment

1234567891011121314151617181920
Across
  1. 3. a loan on a property, secured by the property of the borrower (the business)
  2. 9. when a business sells to others the rights to distribute its goods and use the business name
  3. 10. the process that a business goes through to become a registered company and a separate legal entity
  4. 12. a business that is licensed to operate under the name of an existing business and distribute its goods or services
  5. 13. the owners of a company who are entitled to a share of its profits
  6. 15. a way of financing the purchase of assets without a large initial capital outlay
  7. 16. when the shareholders of a company cannot be held personally responsible for the debts of the business
  8. 17. when the business owner is personally responsible for all the debts of their business
  9. 19. a type of business that produces goods and services for the market. This kind of business operates with the primary objective of fulfilling a social need, yet it has profit as an objective
  10. 20. goods and services that are produced overseas and sold to Australian consumers
Down
  1. 1. the traditional business model that is based on a store with a physical presence, such as those located on shopping strips and in shopping centres
  2. 2. the specific outside stakeholders with whom the business interacts in conducting its business; it is sometimes called the task environment
  3. 4. starting a business using personal finance or the revenue from the business
  4. 5. when a bank allows a business or individual to overdraw their account up to an agreed limit for a specified time to help overcome a temporary cash shortfall
  5. 6. the owner of the original business concept that licenses another business to use its name and distribute its goods or services in exchange for royalty payments and fees
  6. 7. a business that sells large volumes of goods to retailers. While wholesalers are increasingly selling direct to the public, they offer heavily discounted prices on bulk purchases such as those made by retailers
  7. 8. the way in which the business will run its operations to generate a profit
  8. 11. a method of raising finance through appeals for donations via social media and the internet
  9. 14. the monetary value attached to the reputation of a business
  10. 18. goods and services that are produced in Australia to be sold overseas