Understanding business activity

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Across
  1. 2. a subset of a population that is used to represent the entire group as a whole
  2. 3. the physical and mental efforts put in by the workers in the production process
  3. 6. taxes on imports
  4. 8. products are being sold in markets all over the world, so there are more competitors in the market
  5. 10. the value added to the product when sold
  6. 13. a good or service essential for living.
  7. 15. method of distributing products or services involving a franchisor
  8. 16. the owners of a limited company
  9. 17. an individual who creates a new business
  10. 19. the natural resources that can be obtained from nature
  11. 21. the specific, measurable results that companies hope to maintain as their organisation grows.
  12. 22. company, or institution that owns at least one share of a company's stock
  13. 23. selling the same product to the whole market with no attempt to target groups with in it
  14. 26. the output measured against the inputs used to produce it.
  15. 29. a formal arrangement by two or more parties to manage and operate a business and share its profits
Down
  1. 1. the next best alternative forgone by choosing another item.
  2. 4. a good or service that people would like to have
  3. 5. an agreement between two or more businesses to work together on a project.
  4. 7. the basic economic problem
  5. 9. recruitment when a vacancy is filled by an existing employee of the business.
  6. 11. a self-employed person who owns and runs their business as an individual
  7. 12. the money required in the business.
  8. 14. any fault in equipment that can halt production and waste valuable time.
  9. 16. new or small firms usually have it as a primary objective.
  10. 18. when one business buys out the owners of another business
  11. 20. the form of recording , watching, auditing.
  12. 24. income, especially when of an organization and of a substantial nature
  13. 25. a reward, cash or otherwise, that a company gives to its shareholders
  14. 26. company which is privately held for small businesses
  15. 27. an asset that a lender accepts as security for a loan
  16. 28. the finance, machinery and equipment needed for the production of goods and services