Across
- 3. The sector for industries that manufactures goods using raw materials provided by the previous sector
- 4. A written document htat describes a business, its objectives, strategies, the market its in and financial forecasts
- 8. Difference between the selling price of a product and the cost of materials to produce it
- 9. The type of merger where firms in the same industry and same stage of production combines with each other
- 11. Total revenue by a firm minus its cost of production
- 12. An organisation that combines factors of production to make products which satisfies people's wants
- 13. The value of the next best alternative given up when making a choice
- 14. Non-repayable sums of money from a government to help fund business start-ups or investments
Down
- 1. The proportion of total sales of a product achieved by one firm
- 2. Type of growth for a business where it takes over or merges with another business
- 5. A person who has an idea for a new business, starts it up and accepts the risks
- 6. The part of a mixed economy owned and controlled by the government
- 7. Money invested into a business by the owners
- 10. All natural resources used to produce goods and services