Business

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Across
  1. 3. A group of people acting together to meet the common needs and aspirations of its members, sharing ownership and making decisions democratically.
  2. 5. The income received from the sale of a product.
  3. 6. A business that uses the name, logo, and trading systems of an existing successful business.
  4. 8. Dividing a market into distinct groups of consumers who share common tastes and requirements.
  5. 10. Producing a limited number of identical products.
  6. 12. The total value of capital raised from shareholders by the issue of shares.
  7. 15. Arises when a business is valued at or sold for more than the balance sheet values of its assets
  8. 17. Deliberately undercutting competitors' prices in order to try to force them out of the market.
  9. 18. A long-term goal the business wants to achieve
  10. 19. Two or more businesses agree to work closely together on a particular project and create a separate business division to do so.
Down
  1. 1. When a company buys over 50% of the shares of another company and becomes the controlling owner----often referred to as "acquisition".
  2. 2. Setting a high price for a new product when a firm has a unique or highly differentiated product with low price elasticity of demand
  3. 4. When a firm ceases trading and its assets are sold for cash
  4. 7. Agreement between firms in which each agrees to commit resources to achieve an agreed set of objectives.
  5. 9. When a business cannot meet its short-term debts.
  6. 10. When revenue equals total costs and the business is making neither profit nor loss.
  7. 11. A written document, describes a business's objectives and strategies, the market it is in, and its financial forecast.
  8. 13. using barriers to free trade, such as tariffs and quotas, to protect a country's own domestic industries.
  9. 14. Within a large corporation who takes direct responsibility for turning an idea into a profitable finished product.
  10. 16. An agreement by shareholders and managers of two businesses to bring both firms together under a common board of directors with shareholders in both businesses owning shares in the newly merged business.