running a business

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Across
  1. 3. regarded as innovative.
  2. 4. money owing to external sources; e.g. a bank
  3. 10. statement a summary of the income earned and the expenses incurred over a period of trading
  4. 12. refers to the process companies go through to become a separate legal entity from the owner/s
  5. 13. refers to rivalry among businesses that try to supply the needs and wants of a market
  6. 15. context menu
  7. 16. analysis a detailed examination of the strengths and weaknesses of different alternatives in order to
  8. 17. whether the benefits outweigh the costs
  9. 19. social responsibility when businesses consider the interests of stakeholders, society and the
  10. 20. process whereby a company has become a separate legal entity from its owners (shareholders)
Down
  1. 1. involves buying the rights from another business to distribute its products under its name
  2. 2. items of value
  3. 5. when making economic and business decisions
  4. 6. funds contributed by the business owner(s)
  5. 7. opportunity something an entrepreneur can see as an avenue to success
  6. 8. marital status, family size and income
  7. 9. the ability to be resourceful and decide, in an independent way, what to do and when to do it
  8. 11. the monetary value of a business’s reputation
  9. 14. factors population characteristics that affect customer spending which include: age, ethnicity,
  10. 18. a person who sets out to build a successful business in a new field. An entrepreneur’s methods are