BTEC First Travel & Tourism L3 UNIT 2 REVISION OF TERMS
Across
- 2. Geographical term used to describe organisations that have offices throughout a particular country
- 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
- 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
- 6. A type of pricing strategy used to achieve financial aims
- 9. Where all types of limited business must register
- 11. The business sector where the main aim is to make a profit for investors
- 14. The term used to cover bills such as water, electricity and gas
- 15. 3 letters which denote the type of partnership where the partners have restricted responsibility for debt
- 17. The type of certificate issued by Companies House when a company is registered as a limited company
- 19. Term used to describe the amount calculated as income less expenditure
- 20. Share of profits paid out to shareholders
Down
- 1. A type of marketing aimed at a particular group of consumers. Use to give your company a competitive advantage
- 3. Process by which the government sells public sector businesses to private sector buyers
- 5. The type of responsibility for debt where the business owners are liable for all debts associated with the business
- 7. A type of advantage based on where a business is sited which enables the company to take advantage of footfall
- 8. A business formed and owned by 2 to 20 people
- 10. Term used to describe businesses with common ownership. Can be vertical or horizontal
- 11. The business sector funded by the government and public money
- 12. The smallest type of business in the private sector
- 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.
- 16. Geographical term used to describe organisations that trade in one small area
- 18. A type of forecast which shows the expecting incomings and outgoings of a business in a 6 or 12 month period