Across
- 2. difference between selling price of a product and cost of raw materials
- 3. characteristic of an entrepreneur
- 5. when business expands its existing operations
- 7. business owned by the government
- 9. element of a business plan
- 10. tangible products made by businesses
- 11. benefit of next best alternative given up
- 12. finance, machinery and equipment needed for manufacture of goods
- 14. person who takes risk of starting a new business
Down
- 1. industry manufacturing goods
- 4. form of financial support by government
- 6. industry that extracts natural resources from the Earth
- 8. when one business merges with another at the same stage of production
- 13. stakeholder interested to know the size of the business