Across
- 2. Management: The management of the processes and activities involved in the production of goods and services, including planning, organizing, and controlling resources.
- 6. The financial gain achieved when revenue from sales exceeds the expenses of running a business.
- 7. Resources: The department or function within a business that is responsible for managing employee-related activities, such as recruitment, training, and performance evaluation.
- 9. Mindset: A set of attitudes, behaviors, and skills that encourage individuals to identify opportunities, take calculated risks, and pursue innovation and success in the business world.
- 13. Individuals or groups who have an interest in or are affected by the activities and outcomes of a business, such as employees, customers, suppliers, and shareholders.
- 14. Strategy: The long-term plan or approach that guides a company's decisions and actions to achieve its goals, including market positioning, competitive advantage, and resource allocation.
- 15. The activities a company undertakes to promote, sell, and distribute its products or services to consumers.
- 17. Model: The framework that outlines how a company creates, delivers, and captures value, including its target customers, value proposition, and revenue streams.
- 18. and Demand: The economic principle that describes the relationship between the availability of a product or service (supply) and the desire for it (demand).
- 19. The process of starting and running a business, typically involving the creation of a new product, service, or company.
Down
- 1. Culture: The shared values, beliefs, norms, and behaviors that shape the work environment and guide the actions of individuals within an organization.
- 3. Advantage: The unique qualities or attributes that allow a company to outperform its competitors and succeed in the marketplace.
- 4. The process of increasing interconnectedness and interdependence among countries, economies, and cultures through international trade, investment, and technology.
- 5. The buying and selling of goods and services over the internet or other electronic networks.
- 8. Research: The process of gathering, analyzing, and interpreting information about a target market or industry to guide business decisions.
- 10. The process of creating and implementing new ideas, products, services, or processes that bring about positive change and enhance a company's competitive advantage.
- 11. Moral principles and values that guide the behavior and decision-making of individuals and organizations in the business world.
- 12. The ability to inspire and guide individuals or teams toward achieving a common goal or vision within an organization.
- 14. Ethics: The application of ethical principles and values in the business context, guiding decision-making and behavior to ensure fairness, honesty, and integrity.
- 16. An individual who starts and operates a business, taking on financial risks in the hope of making a profit.
- 17. Plan. A written document that outlines a business's goals, strategies, and financial projections for future success.