Unit 1 - Crossword activity
Across
- 4. When a company cannot continue operating due to financial or management issues.
- 5. Businesses or organisations owned and operated by the government.
- 9. Enterprise
- 14. An individual who starts and runs a business, taking on financial risks in the hope of profit.
- 15. A company whose shares are not publicly traded and are limited to private owners.
- 17. Businesses that have social or environmental goals rather than purely financial ones.
- 18. The focus on producing a limited range of goods or services to improve efficiency.
- 19. Desires for goods and services that are not necessary but can improve quality of life.
- 20. to Unit 1
- 21. A business owned by two or more individuals who share profits and responsibilities.
- 24. The limited availability of resources in comparison to the unlimited wants of individuals.
- 25. Businesses owned and operated by private individuals or companies for profit.
- 26. The next best alternative that is given up when a decision is made.
Down
- 1. Individuals or groups with an interest in the success and decisions of a business
- 2. Trader A business owned and run by one individual.
- 3. A formal document outlining a business’s goals, strategies, and financial forecasts.
- 4. Goals that a business aims to achieve, such as profit maximisation, growth, or market share.
- 6. Businesses involved in manufacturing and processing raw materials into finished goods.
- 7. Basic necessities required for survival, such as food, water, and shelter.
- 8. A company whose shares are available for the public to buy on a stock exchange.
- 10. Businesses involved in extracting natural resources (e.g., agriculture, mining).
- 11. The difference between the cost of inputs and the price customers are willing to pay for a product.
- 12. Business expansion by increasing sales or market share without acquiring other companies.
- 13. Businesses involved in providing services rather than goods.
- 16. The expansion of a business in terms of sales, market share, or profit.
- 22. Expansion through mergers or acquisitions of other companies.
- 23. A business system where a company allows others to operate using its brand and business model.