BTEC First Travel & Tourism L3 UNIT 2 REVISION OF TERMS

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Across
  1. 2. Geographical term used to describe organisations that have offices throughout a particular country
  2. 3. 3 letters used to denote the type of company where shares can be bought and sold on the stock market and accounts are made public
  3. 4. 3 letters used as an abbreviation for the yearly meeting where shareholders are invited to vote on the chair of the board's business proposals
  4. 6. A type of pricing strategy used to achieve financial aims
  5. 9. Where all types of limited business must register
  6. 11. The business sector where the main aim is to make a profit for investors
  7. 14. The term used to cover bills such as water, electricity and gas
  8. 15. 3 letters which denote the type of partnership where the partners have restricted responsibility for debt
  9. 17. The type of certificate issued by Companies House when a company is registered as a limited company
  10. 19. Term used to describe the amount calculated as income less expenditure
  11. 20. Share of profits paid out to shareholders
Down
  1. 1. A type of marketing aimed at a particular group of consumers. Use to give your company a competitive advantage
  2. 3. Process by which the government sells public sector businesses to private sector buyers
  3. 5. The type of responsibility for debt where the business owners are liable for all debts associated with the business
  4. 7. A type of advantage based on where a business is sited which enables the company to take advantage of footfall
  5. 8. A business formed and owned by 2 to 20 people
  6. 10. Term used to describe businesses with common ownership. Can be vertical or horizontal
  7. 11. The business sector funded by the government and public money
  8. 12. The smallest type of business in the private sector
  9. 13. 3 letters used to denote a type of private sector company where shares can only be bought and sold with permission of all the directors. Accounts are kept private.
  10. 16. Geographical term used to describe organisations that trade in one small area
  11. 18. A type of forecast which shows the expecting incomings and outgoings of a business in a 6 or 12 month period