Term 3 Revision
Across
- 3. - point where the business makes neither a profit or a loss.
- 5. -pricing strategy where the seller sets the price differently across markets
- 10. - provides a framework within which employees and employers can collectively bargain
- 13. - ethical expectations in the business.
- 15. - sets the budgets in the business
- 16. - employee organisation
- 17. - fluctuates when sales volume changes.
- 18. - when employees organise themselves in a group and refuse to work as a form of protest
- 19. - expected beahviour in the business.
- 20. - theory that states that whatever is done should be for the good of the greatest number of people
Down
- 1. - pricing a product based on its cost price
- 2. - general increase in price of goods
- 4. - offereing a lower price initially to attract customers to a new product
- 6. - unauthorised use of another person's work
- 7. pricing a product based on the consumer's willingness to pay
- 8. - The exclusive legal right given to the originator.
- 9. - when a country dumps their unwanted goods in another country.
- 11. - when employers keep their employess form their place of work
- 12. - cost during set-up of business
- 14. - ehtical approach that guides a company's decisions
- 16. - the fixed and variable cost combined