Year 7 Business - Entrepreneurship
Across
- 1. The system of how people, businesses and governments make, buy, sell and use goods and services.
- 3. A cost involved in operating a business
- 5. A financial plan that outlines how much money you earn and how you spend it over a period of time. (This helps manage your income and expenses.) - -
- 7. The growing connection between countries through trade, communication, technology and the movement of people, goods and ideas.
- 9. Management The process of identifying possible problems or dangers and planning ways to reduce their impact on a business.
- 11. A person who starts and runs a business or new project, often taking risks to create a product or service.
- 13. When a person contributes their own funds to a business or enterprising activity, with the goal of making a return on their money.
Down
- 2. The amount of finance invested by the owner(s) of the business
- 4. An organisation or activity that provides goods or services to customers, usually to earn income or make a profit.
- 6. Market the group of actual and potential customers whose needs and wants a business wishes to satisfy.
- 8. Money that is borrowed from a person, bank or organisation and must be paid back, usually with extra money called interest.
- 10. Goods or services that are made or provided by a business to meet customer needs or wants.
- 12. The income a business earns from selling goods or services before expenses are taken away.