Term 3 Revision

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