Across
- 3. Is what makes a business unique and potentially better than the competition. It is made up of features and benefits.
- 5. An overview of your business goals and includes details on how you think you are going to achieve them.
- 6. An evaluation of a company’s internal Strengths, internal Weaknesses, external Opportunities in the market and external Threats in the market.
- 8. The amount of profit (or loss) the business earns after paying expenses and taxes.
- 9. The simplest organizational structure, which contains a direct chain of command through levels of personnel.
- 10. Something a person or company owes, usually a sum of money
- 12. The operating expenses that a business must pay regardless of how many sales are made.
- 14. Puts employees in more than one department together to work towards a specific goal.
- 15. This is different for every business, and is based on the amount of product or service a customer buys.
- 16. The amount of money brought in by a business before any expenses. Equal to the total number of units sold multiplied by the selling price per unit for the period that for which the statement is being prepared.
- 17. A business that sells a different product or service from yours, but fills the same customer need or want.
- 18. When a business’s expenses and sales equal zero because the business has sold exactly enough units to cover its fixed expenses.
- 19. Anything that has a value.
- 20. The value of the shares issued by a company
Down
- 1. The actual costs associated with operating a property that vary in relation to a property's occupancy rate.
- 2. Entrepreneurs that apply their hobbies, skills, and interests to a business opportunity.
- 4. Systems for dividing work, authority and responsibility. There are different approaches to structures based on what is best for the business.
- 7. A business in the market that sells a product or service similar to yours.
- 11. Entrepreneurs that create business ideas by identifying sources of opportunity.
- 13. A specific group of customers in the broader target market who are most likely to buy a product or service.