Across
- 3. The total value of sales made during the trading period.
- 4. Firms providing services to consumers and other businesses, such as retailing, transport, insurance
- 7. A business employee who takes direct responsibility for turning an idea into a profitable new product or business venture
- 10. A business that is owned by shareholders who are often members of the same family; this company cannot sell shares to the general public
- 11. The action of showing initiative to take the risk to set up a business
- 14. Sales on the business as a proportion of total market sales
- 15. Economic resources are owned largely by the private sector with very little state intervention
- 17. A business organization that has its headquarters in one country, but with operating branches, factories and assembly plants in other countries
- 18. A jointly owned business operated by members for their mutual benefit, to produce or distribute goods or services
- 19. The total value of a company's issued shares
- 20. Business owners have full legal responsibility for the debts of the business
Down
- 1. The total value of all long-term finance invested in the business
- 2. The non-tangible products sold to consumers that are not intended for resale. This include hotel accommodation, insurance services and train journeys
- 5. An individual who has an idea for a new business, starts is up and carries most of the risks but benefits from the rewards
- 6. Two or more businesses agree to work closely together on a particular project and create a separate business division to do so
- 8. A person or business that sells the right to open stores and sell products or services, using the brand name and brand identity
- 9. The difference between the cost of purchasing bought-in inputs and the selling price of the finished goods.
- 12. The legal right to use the name, logo and trading systems of the existing successful business
- 13. A person or institution owning shares in a limited company
- 16. A business formed by two or more people to carry on a business together, with shared capital investment and, usually shared responsibilities