Across
- 2. What remains after a business subtracts all expenses from its revenue—every business aims for this! P_____________ (1 word)
- 3. A problem, obstacle, or difficulty that a business must face and overcome. C________________ (1 word)
- 4. A small, specialised part of the market that targets a specific type of customer or need. N_______e (1 word)
- 8. Rules or laws created by governments that affect how businesses can legally operate. L_______________ (1 word)
- 9. The intangible value of a business’s reputation, brand, and loyal customers, often shown when selling a business. G______________l (1 word)
- 10. The specific group of consumers a business focuses on when promoting and selling its product or service. T____________ M______________(2 words)
- 11. The company that owns the brand and sells the rights to operate under its name and system. F_______________ (1 word)
- 12. The total sales or income a business makes in a certain time period; sometimes used to describe employee replacement rate. T___________r (1 word)
- 14. The level of familiarity consumers have with a company’s name, logo, or products. B_________ A___________________ (2 words)
- 16. The individual or group that purchases the right to open and operate a branch of a franchise. F_________________ (1 word)
- 17. Another business offering similar products or services in the same market. C_____________ (1 word)
- 18. A group of businesses or organisations involved in producing similar goods or services. I___________y (1 word)
Down
- 1. A long-term plan or approach used by a business to achieve its goals and objectives. S_______________ (1 word)
- 5. A unique feature or strategy that gives a business an edge over others in the same market. C__________________ A__________________ (2 words)
- 6. Money that consumers have left over after paying for essentials like housing and food, available for spending on non-essentials or luxuries. D__________________e I_____________e (2 words)
- 7. The general increase in prices over time, which reduces the buying power of money. I______________ (1 word)
- 13. A measure of how much money a business keeps as profit compared to its sales revenue, often shown as a percentage. P__________ M___________ (2 words)
- 15. The total amount of money a business earns from sales before any expenses are deducted. R______________ (1 word)