Business Chapter 11 Key Terminology Crossword

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Across
  1. 3. The laws and regulations that businesses must comply with.
  2. 4. Ecological and environmental aspects that can influence business operations
  3. 8. The societal influences that affect consumer preferences and behaviours.
  4. 9. The ability of a business to adapt to changes in demand, production processes, or market conditions.
  5. 11. The series of activities involved in taking the initial resources to providing the final product.
  6. 13. The rate at which a business can produce goods or services, often a crucial factor in meeting customer demand and staying competitive.
  7. 14. The acronym for the external influences on operational objectives and decisions.
  8. 16. Describes the activities, decisions & responsibilities of the managing production & delivery of products & services.
  9. 18. A change in this factor will effect demand for products and costs of producing them.
  10. 19. The final products or services produced by a business as a result of the transformation process.
  11. 20. The impact of technology on a business's operations.
  12. 21. A process meaning a relatively high proportion of labour in the production is used compared to capital equipment.
  13. 22. The reliability and consistency of a business's products or services, often measured by the ability to meet delivery schedules and fulfil customer expectations.
Down
  1. 1. (BONUS) The name of Elon Musk's company which is incredibly 'boring'. {hint- its 3 words long)
  2. 2. The series of operations and activities that convert inputs (raw materials, labour, etc.) into outputs (finished goods or services) in a business.
  3. 5. A process that uses a relatively high proportion of capital equipment relative to labour.
  4. 6. A superiority that a business possesses over its rival.
  5. 7. The expenses incurred in the production of goods or services.
  6. 10. The resources that are utilized in the production process, including raw materials, labour, machinery, and capital.
  7. 12. A target set for the operations function.
  8. 15. The degree to which a product or service meets customer expectations and standards.
  9. 17. The rivalry among businesses to attract customers and gain market share. This can lead to better products, services, and prices for consumers.