Across
- 3. Industrialization has raised the standard of _______________
- 5. _______ environment refers to all economic factors which have a bearing on the functioning of a business.
- 6. FERA is foreign ______________ regulation act.
- 8. Profit making is the _______________ goal of any business enterprise?
- 12. The taking over of a private firm by the government to be run it as a government unit is ______.
- 13. The transfer of the ownership of state property into the hands of the private individuals by the sale of state assets through auction is
- 16. When a company taken over another one and clearly becomes the new owner, the action is called
- 19. An increase in the general level of prices, as measured against some baseline of purchasing power is also known as
Down
- 1. Micro environment is also known as _______________
- 2. New policy has four new components namely liberalization, privatization _______________ and stabilization.
- 4. Business comprises all ______________ seeking activities and enterprises that provides goods and services necessary to an economic system.
- 7. _______ stresses the philosophy of individualism believing in private ownership.
- 9. Under Socialism the tools of production are managed by ___________
- 10. Competition is beneficial to the competing firms besides benefiting the ______________.
- 11. Natural environment comes under ________________ environment category.
- 14. _______ identifies the early signals of possible environment changes.
- 15. GDP is growth domestic ______________.
- 17. The legislative frame work for industrial licensing is provided by the ______________ development and Regulation act.
- 18. In the PEST framework for environmental analysis what does the letter S stands for