Unit 1 and 2 Revision
Across
- 5. The number of layers between the top and bottom of a business
- 8. A structure with many levels of management and clear roles
- 11. The method of raising finance where ownership is shared
- 12. A document describing the duties and responsibilities of a job
- 15. When a business makes more money from the same input by improving quality or service
- 16. A message sent using email or a letter
- 17. A formal group that represents workers’ interests
- 19. Someone who owns and operates a business alone
- 20. Training away from the usual place of work
- 22. A goal a business sets for itself
- 23. A person who starts and runs their own business
- 25. A leadership approach where the boss makes all the decisions
Down
- 1. A business run to make a profit and not owned by the state
- 2. The first stage of hiring someone
- 3. The name given to people who campaign against a business to try and get things changed.
- 4. When someone has their contract terminated because their job no longer exists.
- 6. benefit A non-cash benefit used to encourage employees
- 7. A way of paying employees a set amount each week or month
- 9. The part of the economy controlled by the government
- 10. Joining with or buying another company to grow larger
- 13. A cost measured by the next best alternative foregone
- 14. The step in recruitment where people are invited to apply
- 18. An organisation with shares sold to the public
- 21. A structure with few levels of management
- 24. The stage in Maslow's hierarchy where people seek to feel safe