U1AOS2 Key Knowledge Points 1.2.1-1.2.5
Across
- 3. The type of business that will benefit someone who has recognised a gap in the market. n___
- 5. The business owner is personally responsible for all business debts. unlimited l_____
- 6. A type of business model. f____________
- 7. Resources involving tools and machinery that are used to produce goods or perform services. c_______
- 8. Which environment can businesses have an impact on? O_______
- 11. The type of business that would suit someone seeking instant income and a proven track record. e_______
- 13. Which environment is the business location part of? i_________
- 16. Type of setup a business should have to carry out its daily operations smoothly and effectively. (8,9) b_________ s_________
- 17. The monetary value attached to the reputation of the business. g_______
Down
- 1. Type of business structure. p_________
- 2. The way in which the business will run its operations to generate a profit (8,5) (b_____ m_____)
- 4. Which environment are technological considerations part of? E_______
- 9. The people and objects that are needed for the business to function properly. r________
- 10. The external environment (operating and macro) has a much g_____ influence on the internal environment than vice versa.
- 12. Resources that the business uses that come from a natural environment. n_________
- 14. Resources involving people that provide their skills, effort and knowledge to the business. l_____
- 15. liability Company shareholders can't be personally held responsible for business debts. (7,9) l______ l______