Unit 1 and 2 Revision

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