Across
- 1. costs that change as output changes
- 3. net profit divided by sales multiplied by 100
- 5. the addition of variable and fixed costs
- 13. The feaures of an entrepreneur
- 14. sales minus the cost of sales
- 15. when business costs are greater than revenue
- 16. Something the business needs to keep it running - finance, staff and materials
- 17. Where a business sells its good and services
- 20. calculations like a gross profit margin
- 22. Things the business is trying to achieve
Down
- 2. Money from sales
- 4. gross profit divided by sales multiplied by 100
- 6. a way of measuring profitability of an investment
- 7. a word used instead of money
- 8. A simple plan detailing how a product will be sold, marketed and financed
- 9. costs that stay the same as output changes
- 10. The ability to see the need for a particular product or service
- 11. A word used to explain how a business works
- 12. Can be measured by how much profit a company is making or the satisfaction of customers
- 18. Someone who takes the risk of starting a business
- 19. gross profit minus the expenses of operating a business
- 21. costs of operating a business