Across
- 6. the development of a new product or process to gain competitive advantage
- 11. the factors of which a business has little to no control over. e.g. suppliers
- 13. part of business planning that helps to scope out potential market, competitors and location
- 14. the action of preparing for the potential success of a business
Down
- 1. the financial gain a business receives from consumers and customers
- 2. the rate of which people have work at a certain time, that can rise or fall dependent on the boom or bust cycle
- 3. the factors of which a business has control over. e.g.employees
- 4. people who are currently out of work and are seeking employment
- 5. the area of potential sales where consumers purchase goods and services
- 7. a business that is not a physical store and can be reached globally
- 8. a person who takes the risk of starting their own business
- 9. a person who is looking to purchase a good or service from a business
- 10. funds provided by banks and other financial institutions
- 12. multiple developments of a business to expand and gain competitive advantage