Unit 1 overview
Across
- 3. A takeover of, or merger with,another business
- 5. A part of the national economy which is controlled by an individual or a group of individuals
- 8. The next best alternative choice
- 15. A system that combines aspects of both capitalism and socialism
- 16. A plan a start-up has to have in order to be organised.
- 17. A firm grows on its own
- 18. Merging or taking over a firm in a completely different industry
- 19. Not enough for everyone
Down
- 1. A word to describe something you have to have in order to survive
- 2. Providing services to consumers and other industry
- 4. Something you desire but don't need in order to survive
- 6. Taking raw materials and processing them to manufacture a good
- 7. Merging or taking over a firm in the stage of production
- 9. A person who gets all the profit and gets to make all the decesions
- 10. A part of the national economy which is controlled by the government
- 11. Merging or taking over a firm at a different stage of production, but in the same industry
- 12. The difference between the selling price and its bought in costs
- 13. Extraction and production of the earth's natural resources
- 14. Something that makes the goods