Business

Edit Answers
1234567891011121314151617181920
Across
  1. 5. the action of showing initiative to take the risk to set up a business
  2. 9. the next most desired option that is given up
  3. 10. the physical goods used by industry to aid in the production of other goods and services, such as machines and commercial vehicles
  4. 11. an individual who purchases goods and services for personal use
  5. 13. an individual consumer or organization that purchases gooods or services from a business
  6. 16. firms that manufacture and process products from natural resources, including computers, brewing, baking, clothes-making and construction
  7. 18. businesses providing information services, such as computing, web design, ICT (information and communication technologies), management consultancy and R&D (research and development, particularly in scientific fields)
  8. 19. individual who has idea for a new business starts it up and carries most of the risks but benefits from reward
  9. 20. the non-tangible products sold to consumers that are not intended for resale these include hotel accommodation,insurance services and train journeys
Down
  1. 1. businesses owned and controlled by individuals or groups of individuals
  2. 2. the physical and tangible goods sold to consumers these include durable consumer goods, such as cars and washing machines, and non-durable consumer goods, such as food drinks and sweets, that can be used only once
  3. 3. a business employee who takes direct responsibility for turning an idea into a profitable new product or business venture
  4. 4. a business enterprise owned and controlled by the state also known as a nationalised industry
  5. 6. firms that manufacture and process products from natural resources, including computers, brewing, baking, clothes-making and construction
  6. 7. the resources needed by business to produce goods or services
  7. 8. firms engaged in farming, fishing, oil extraction and all other industries that extract natural resources so that they can be used and processed
  8. 12. a business organisation that has its headquarters in one country, but with operating branches, factories and assembly plants in other countries
  9. 14. a written document that describes a business its objectives its strategies the market it is in and its financial forecasts
  10. 15. the process of differentiating a product by developing a symbol , name ,image or trademark for it
  11. 17. organisations accountable to and controlled by central or local government (the state)