U1AOS2 Key Knowledge Points 1.2.1-1.2.5

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