Unit 1 - Crossword activity

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