Unit 1
Across
- 1. The type of liability where business owners are only responsible for debts up to their investment
- 5. A sector of industry that turns raw materials into finished products
- 8. A business activity that provides an intangible product rather than a physical one
- 10. A legal business structure that sells shares on the stock exchange
- 11. A method of business growth where two companies combine into one
- 14. The financial concept that considers the next best alternative decision
Down
- 2. A benefit of business growth that reduces the cost per unit produced
- 3. The name for the resources land, labour, capital, and enterprise
- 4. The process of increasing the size of a business through organic or external methods
- 6. The concept that business environment is constantly changing
- 7. A type of expansion where a business allows others to use its brand and business model
- 9. A group or individual affected by or affecting a business
- 12. A method of business expansion where a company sells products online
- 13. A document outlining a business strategy, objectives, and financial projections
- 15. A sector of industry involved in extracting raw materials from the earth