BME - UNIT 4

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Across
  1. 4. An initial concept or suggestion for a new good or service
  2. 9. A company’s commitment to operate ethically and contribute positively to society and the environment
  3. 11. The framework of laws and regulations that businesses must follow in a country
  4. 13. Protection of personal or confidential information
  5. 15. rate The percentage charged by a lender for borrowing money
  6. 18. A person who plans ahead and considers long-term effects and opportunities
  7. 19. Processes used to ensure products meet required standards
  8. 20. A statement describing a company’s purpose and main goals
  9. 23. Financial institutions that accept deposits and provide loans
  10. 27. Processes used to ensure products consistently meet certain standards before reaching customers
  11. 29. The percentage of total income spent on operating costs
  12. 31. The authority that creates and enforces laws in a country
  13. 33. Earnings kept in a business rather than distributed to shareholders
  14. 35. How easily a business can convert assets into cash
Down
  1. 1. Able to inspire and encourage others to perform well
  2. 2. Being accountable for actions and duties
  3. 3. The first working model of a new product used for testing
  4. 5. The process of assessing performance or effectiveness
  5. 6. credit When a supplier allows a business to buy now and pay later
  6. 7. Traditional behaviors and practices followed by a particular culture or society
  7. 8. A measure showing how much profit a business makes compared to its sales or costs
  8. 10. fluctuations changes in the value of one country's money compared with another
  9. 12. A condition where a business or economy remains steady without major changes
  10. 14. A leadership approach where the style changes depending on circumstances
  11. 16. A strategic tool that analyzes strengths, weaknesses, opportunities, and threats
  12. 17. A business analysis tool examining Political, Economic, Social, and Technological factors
  13. 21. media Online platforms used for communication, marketing, and sharing content
  14. 22. A stock management strategy where extra inventory is kept to avoid shortages
  15. 24. Money borrowed that must be repaid with interest
  16. 25. The governing authority of another country that may affect international business
  17. 26. The use of scientific knowledge, machines, or systems to improve production or services
  18. 28. A leadership style where one person makes decisions with little input from others
  19. 30. liability A company’s legal responsibility for harm caused by its product
  20. 32. The process of delivering products from producers to customers
  21. 34. communicator A person who can clearly express ideas and information