Theme 2 GCSE

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Across
  1. 4. A business owned by between two and twenty people who share profits (11)
  2. 5. A gap in the market that an entrepreneur can exploit (11)
  3. 6. A name, logo or design that identifies a business or its products (5)
  4. 8. The owner of shares in a limited company (11)
  5. 10. The first P of the marketing mix (7)
  6. 15. The charge added when money is borrowed or saved (8)
  7. 16. The business that sells the rights to use its brand (10)
  8. 19. Describes a product that is no longer wanted because it is outdated (8)
  9. 20. Describes a market that is constantly changing (7)
  10. 22. A general and sustained rise in the price level (9)
  11. 23. Raising finance by collecting small amounts from many people online (12)
  12. 25. Type of cost that does not change with output, such as rent (5)
  13. 29. A document setting out a business idea, often used to attract finance (4)
  14. 30. Specific, measurable targets used to reach a business's aims (10)
  15. 32. Money invested by the owners into a business (7)
  16. 34. The type of liability faced by sole traders and partners (9)
  17. 35. The output level where total revenue equals total costs (9)
  18. 36. The benefit gained from running a successful business (6)
  19. 40. Turning an original idea into a marketable product or process (10)
  20. 42. Total revenue minus total costs (6)
  21. 44. A group of customers with similar characteristics or needs (7)
  22. 46. The amount the customer pays for a good or service (5)
  23. 48. A person who takes a risk to set up a business (12)
  24. 51. The long-term goals a business wants to achieve (4)
Down
  1. 1. The number of people without jobs who are actively seeking work (12)
  2. 2. The type of law covering pay, contracts and working conditions (10)
  3. 3. Bank facility that lets a business spend more than is in its account (9)
  4. 7. Income from sales, calculated as price multiplied by quantity sold (7)
  5. 9. A business owned and run by one person with unlimited liability (10)
  6. 11. The chance of making a loss when running a business (4)
  7. 12. The movement of money into and out of a business (8)
  8. 13. Payment made to shareholders from company profits (8)
  9. 14. Units of ownership in a private or public limited company (6)
  10. 17. The right to trade using an established brand name and business model (9)
  11. 18. The place from which a business operates (8)
  12. 21. Type of cost that changes directly with output, such as raw materials (8)
  13. 24. A way of competing based on the standard of a product or service (7)
  14. 26. The element of the marketing mix concerned with distribution (5)
  15. 27. Legal responsibility for the debts of a business (9)
  16. 28. Compulsory payments to the government on income, profits or spending (8)
  17. 31. Any individual or group with an interest in a business (11)
  18. 33. A typical short-term aim for a new business in its first year (8)
  19. 37. The person who buys the right to operate under an existing brand (10)
  20. 38. Other businesses selling similar products in the same market (11)
  21. 39. Type of liability where owners can only lose what they invested (7)
  22. 41. A small, specialised section of a wider market (5)
  23. 43. The unique feature that makes a product stand out from rivals — abbreviation (3)
  24. 45. Buying and selling goods or services over the internet (9)
  25. 47. The type of law that protects the rights of buyers (8)
  26. 49. The element of the marketing mix used to communicate with customers (9)
  27. 50. Money borrowed from a bank and repaid in instalments with interest (4)