Paper 1 Revision
Across
- 2. The difference between revenue and costs.
- 5. The type of pricing where prices are reduced to sell off old stock or give products a boost.
- 6. The type of vertical growth where a business merges with or takes over a business that it suppose goods or services to.
- 10. Groups or individuals who have an interest in the business.
- 11. The type of research conducted first hand.
- 14. The collection of data on consumer habits to help decision-making in marketing.
- 16. The type of training to introduce a new worker to the business, place of work and their fellow workers as well as the job.
- 20. a long term programme focused on helping a worker to realise their longer-term potential.
- 22. The type of liability where the responsibility for debts rests with the owners of the business, not just the business itself.
- 23. The smaller type of limited company.
- 25. How workers are encouraged to work hard.
- 26. Making just enough profit to provide the business owner with a decent living.
- 29. A business owned by between 2 and 20 partners.
- 30. Where a business takes a controlling interest in another business.
- 31. A person who takes the risk of starting and running a business.
- 32. The owners of a limited company.
Down
- 1. Internal growth of a business from increasing sales.
- 3. Businesses exist to satisfy the __________ of customers.
- 4. The process of choosing between applicants for a job.
- 7. A long-term development programme combining on-the-job and off-the-job training.
- 8. The process of a manager giving authority to a subordinate to makes decisions for which that manager is responsible.
- 9. A method of motivating a worker by complimenting their work.
- 12. When workers choose to stay in a firm rather than move elsewhere.
- 13. Where two or more businesses agree to join together.
- 15. A document on which the applicant outlines their personal details, experience and skills.
- 17. The workers that a line manager is responsible for.
- 18. The type of pricing where a new business sets their price price lower than the competitor business to break into the market.
- 19. Data collected by the government every 10 years.
- 21. Used to test whether customers will buy a product.
- 24. Sessions in which the people making the appointment ask questions of the applicants.
- 27. A short term programme focused on helping a worker to do their job well.
- 28. An additional payment to workers for achieving a target.