Running a Business 2

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Across
  1. 4. profit/loss amount remaining when the cost of goods sold is deducted from revenue
  2. 9. profit/loss amount remaining when operating expenses are deducted from gross profit
  3. 10. A bank account facility that allows you to withdraw more funds from an account than you have deposited. You are charged interest for using these funds.
  4. 11. succession a company will continue to exist when the owners change
  5. 13. methods used by a business to inform, persuade and remind customers about its products
  6. 15. trader A business with a single owner who is responsible for every aspect of the operation of the business.
  7. 16. association A non-profit organisation involved in a commercial activity. Profits are returned to the association, not passed on to members.
  8. 17. Goods and services used in the production process.
  9. 18. A person who owns shares in a business.
  10. 23. the debts owed by a business to others
Down
  1. 1. management The processes involved in identifying, controlling and minimising the impact of uncertain events.
  2. 2. research collecting and analysing information about customers and the business opportunities available
  3. 3. the coordination of the human, physical, financial and information resources to achieve the goals of the business
  4. 5. statement a summary of a business's revenues and expenses incurred during a set period of time
  5. 6. analysis An assessment of a business’s strengths, weaknesses, opportunities and threats.
  6. 7. market the group of customers to which the business intends to sell its products
  7. 8. Where two or more people share responsibility for the operation of a business.
  8. 12. Using equipment or property for a specified period of time in return for a fee or rent.
  9. 14. the company has become a separate legal entity from its owners (shareholders)
  10. 19. company A business that is not listed on the stock exchange and has 50 or fewer shareholders.
  11. 20. the ability of a business to pay its debts on time
  12. 21. company A company listed on the stock exchange. Any member of the public can become a shareholder.
  13. 22. equity the value of the business to the owner(s)