A Level Business Crossword (Year 1)

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Across
  1. 6. Continuous improvement
  2. 8. Introduces employees to aspects of the business.
  3. 9. A leadership style in which one individual holds all decision-making power/authority.
  4. 11. The general rise of prices in the economy.
  5. 13. Categorises a firms product range by market share and market growth.
  6. 16. Passing down responsibility to complete a task.
  7. 17. The proportion of sales that one business/product has relative to the sales made in the entire industry.
  8. 18. A person who sets up a business, taking on financial risks in the hope of profit.
  9. 20. Inspecting quality at the end of the production process.
Down
  1. 1. Increasing output to reduce unit costs.
  2. 2. Revenue equals total cost.
  3. 3. The act of focusing marketing efforts on a specific group of consumers.
  4. 4. This is used to pay off the fixed costs.
  5. 5. A business pays a third party to perform tasks/provide services.
  6. 7. The number of subordinates under a line manager.
  7. 10. A private limited company.
  8. 12. Allows a business to build identity through a name, logo, design of symbol.
  9. 14. A business owned by one person.
  10. 15. Revenue minus cost of sales.
  11. 19. The amount that producers are willing to provide to market for a given price.