BICS

Edit Answers
1234567891011121314151617
Across
  1. 5. Things a business wants to achieve.
  2. 9. Things a business owns, e.g. buildings, vehicles stock, and money in the bank.
  3. 11. The difference between the selling price of a product or service and its costs. The higher the margin, the more profit that is made.
  4. 12. Introducing a new product or service to market.
  5. 13. A benefit that a business offers to its customers that its competitors do not.
  6. 14. The amount of sales a business needs to make to cover all its costs
  7. 16. The ability of a business to grow fast without increasing its production costs.
  8. 17. The money, people, time, and equipment required to run a business.
Down
  1. 1. When a business makes fundamental changes based on feedback from their customers.
  2. 2. The money a business makes from the sales of the products or services of the business.
  3. 3. The act of giving someone a job. The term can also be used to describe renting a piece of equipment.
  4. 4. Any activity a business does to try and contact potential customers.
  5. 6. Refers to the words and symbols such as a name, logo, and slogan that represent a business' identity.
  6. 7. The principles and beliefs that guide what a business does and how it does it.
  7. 8. All the raw materials and finished goods owned by a business.
  8. 10. A business's total sales income for a year.
  9. 15. A business's long-term goal.