Outcome 1 The Business Idea

1234567891011121314
Across
  1. 3. A characteristic successful business entrepreneurs and managers usually posses. This skill relates to identifying solutions when issues arise (7,7).
  2. 5. A person who runs a business is called a business ________. (7)
  3. 6. A business _______ is a set of circumstances that will assist a person’s business idea to be successful (11)
  4. 9. Corporate __________ _____________ is where a business does something positive for their workers, the community or the environment that goes beyond what they are required to do by law (6,14)
  5. 12. What a business aims or expects to achieve over a set period of time (4)
  6. 13. A person who is willing to start and operate a business, and is prepared to take a risk in the hope of making a profit (12)
  7. 14. A contribution businesses make to the economy (3)
Down
  1. 1. Research and _________ is a set of activities undertaken to improve existing products, create new products and improve production processes. (11)
  2. 2. This refers to the sale of Australian goods and services in other countries (7)
  3. 4. Part of business concept development. Where information about a particular market is collected, recorded and analysed (8,6)
  4. 7. Desire for ______ motivation is when a person wants to make decisions for themselves and be their own boss. (8)
  5. 8. A person with extensive business experience who offers knowledge, wisdom and advice to a less experienced business owner (6)
  6. 10. Either creating a new good, service or process, or significantly improving an existing one (10)
  7. 11. What is left over after business expenses have been deducted from revenue (money earned) (6)