The End!

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Across
  1. 2. Predicting by projecting past trends into the future.
  2. 8. Factors in a market that make it hard for new companies to break into it.
  3. 9. Reductions in unit cost caused by the growth of a business.
  4. 11. A recognised name or logo that helps to differentiate a product or business.
  5. 17. A subsection of a market where customers share similar needs and wants.
  6. 18. Materials, semi completed products and completed products ready for sale.
  7. 19. An item of value used as security to obtain a loan. The item is at risk if the loan is not repaid.
  8. 20. Making one off items to suit each individual customer.
  9. 24. Current assets – current liabilities.
  10. 27. A general rise in prices over time.
  11. 30. When two businesses agree to come together to create a new, single business.
  12. 33. Where a company closes down and sells assets in order to pay off debts.
  13. 34. A business that allows other businesses to use its name and sell its products for a fee.
  14. 35. The value of one currency in terms of another.
  15. 36. A physical limit on the volume of a product that can be imported into a product.
  16. 38. A buy now, pay later agreement with suppliers.
  17. 39. Activities designed to enhance employees existing skills or develop new skills.
  18. 41. Paying to use an asset that the business will never own.
  19. 44. The route a product takes from producer to consumer.
  20. 45. Production that relies more on machinery than people.
  21. 46. Non-current liabilities ÷ capital employed.
  22. 48. Any individual or group influenced by or interested in the activities of a business.
  23. 49. A specific plan devised by a business to achieve its objectives.
  24. 50. A tax imposed on an imported product.
Down
  1. 1. The collection of new data for a specific purpose.
  2. 3. Production that relies more on people than machinery.
  3. 4. Filling a job vacancy with a candidate who already works for the business.
  4. 5. A Japanese approach to stock management that aims to eliminate the need for excess stock.
  5. 6. A level of production where enough revenue has been generated to pay total costs.
  6. 7. The value of the next best option foregone when a business decision is made.
  7. 10. % change in demand ÷ % change in price.
  8. 12. The difference between the cost of bought in goods and services and the selling price.
  9. 13. An approach to production that can be continued in the long-term.
  10. 14. A situation that arises when a single business dominates a market.
  11. 15. The maximum possible output of a business.
  12. 16. Passing decision making power down the organisational structure to a lower level.
  13. 21. The collection of pre-existing data that has been gathered for another purpose.
  14. 22. a document setting out a business idea and how it will be financed, marketed and put into practice.
  15. 23. A specific target set by a business.
  16. 25. owners of public limited companies and private limited companies.
  17. 26. The cost of borrowing or reward for saving money.
  18. 28. A document setting out targets for income and expenditure.
  19. 29. States profit as a percentage of sales revenue.
  20. 31. Business owners take personal responsibility business debts if the business goes bust.
  21. 32. New product in new markets.
  22. 37. Moving a business function to another country, generally to reduce costs.
  23. 40. Growth which takes place without a merger or takeover.
  24. 42. Any slack time between the end of one activity and the beginning of the next.
  25. 43. A business owned and run by one person.
  26. 47. The difference between a firms revenue and its total costs.