The Nature of Business

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Across
  1. 1. The stage of the business life cycle where a business experiences rapid sales increase
  2. 3. A business structure where two or more people share ownership and responsibility
  3. 5. The stage of the business life cycle where sales begin to slow and market share stabilises
  4. 8. The final stage of the business life cycle, where a business either revitalises or fails
  5. 9. When a company is wound up, and its assets are converted to cash to pay off debts
  6. 11. A group or individual with a vested interest in a business, such as employees or customers
  7. 12. A type of business where one person is both the owner and operator
Down
  1. 2. The type of industry that provides services to other industries or to consumers
  2. 4. An external influence on a business related to government policies and regulations
  3. 6. The stage of the business life cycle where a business is first launched
  4. 7. An industry that involves the extraction of raw materials
  5. 9. An internal influence on a business related to its physical location
  6. 10. An external influence on a business related to cultural values and trends