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