The Business Idea
Across
- 3. A measure of how well things are done
- 5. Businesses or individuals who supply materials and other resources to a business so that it can conduct its operations
- 7. The ability to identify the options available and then choose a specific course of action from the alternatives
- 9. A set of circumstances that presents itself as an avenue to success
- 10. A person who is willing to seize opportunities to start and operate a business, and is prepared to take risks in the hope of making a profit
- 12. Statement that describes what the business does
- 13. Groups and individuals who interact with the business and have a vested interest in its activities
- 15. Statement that describes where the business wants to be in the future
Down
- 1. A person who has responsibility for overseeing the operations of the business to ensure that it successfully achieves its goals
- 2. A measure of whether the things done lead to achieving goals
- 4. The people who purchase goods and services from the business, expecting high quality at competitive prices
- 6. The places where buyers and sellers interact to trade goods and services
- 8. Describes what a business expects to accomplish over a set period
- 11. Either creating a new good, service or process, or significantly improving an existing one
- 14. The people who work for the business and who expect to be paid fairly, trained properly and treated ethically in return for their contribution to production