Across
- 4. money given to the new business owner from a bank
- 8. not having enough economic resources to satisfy every want/need of consumers
- 9. this financial statement is a summary of revenues and expenses of a business during any day, week, month or year
- 11. consumers that are interested in a product or service and are willing to pay for it. Who businesses are focusing on
- 13. how businesses try to separate themselves from competition. They either choose between price and quality.
- 15. selecting the option that gives you the greatest benefit over the other option
- 18. this financial statement tells shows how much cash is coming in and out of business
- 20. group of customers who share common characteristics within a larger market
Down
- 1. the different products or services a businesses sells
- 2. giving up a percentage of business in exchange for cash
- 3. what a business owes
- 5. these are the things a business owns
- 6. type pf distribution where product goes directly from company/business to consumer
- 7. the action or business of promoting and selling products or services, including market research and advertising.
- 10. this type of data is already collected and published by someone else
- 12. costs that change depending the how often they are used (utilities, materials, etc)
- 14. type ofdistribution where there are multiple people involved in the distribution process (Nike gives shoes to Scheels who then sells them to consumers)
- 16. this type of data is info that is collected for the first time and for a specific purpose
- 17. money the business generates from its operations (doing business). This prior to taking out any expenses
- 19. costs that remain the same regardless of use (rent, salary of employees)