Business Essentials Unit 4

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Across
  1. 2. A process or series of steps that businesses complete to maintain their financial records effectively.
  2. 3. Refers to managing the flow of goods and services from production to consumption.
  3. 6. In the production process, determining when materials will arrive at a certain destination and how long they will stay there.
  4. 11. Finance activity involving making decisions about a firm’s investments.
  5. 12. Anything of value that a business owns.
  6. 15. Rules that accountants must follow when preparing financial statements.
  7. 16. A financial summary that shows how much money the business has made or has lost; also called the profit-and-loss statement.
  8. 19. The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
  9. 20. Marketing element referring to what goods, services, or ideas a business will offer its customers.
  10. 21. The monies that a business spends; also called expenditures.
  11. 24. An individual who has had specialized training in accounting procedures.
  12. 26. In the operations function - goods or services.
  13. 28. The production activity that determines the sequence of the steps in the production process.
  14. 30. Any paid form of nonpersonal presentation of ideas, goods, or services.
  15. 35. Tracking the amount, the kind, and the value of inventory that a business has on hand.
  16. 37. A financial statement that captures the financial condition of the business at that particular moment.
  17. 38. Money received by a business or an individual from outside sources.
  18. 39. The money it takes to keep inventory in stock.
  19. 40. In the operations function—resources utilized.
Down
  1. 1. All the stock that a business has on hand.
  2. 4. Decisions that determine which projects a business will invest in, how the investment(s) will be financed, and whether to pay dividends to shareholders.
  3. 5. A summary of accounting information.
  4. 7. Marketing element focusing on considerations in getting a selected product in the right place at the right time.
  5. 8. In business, the function that involves all money and money management matters.
  6. 9. The day-to-day activities for continued business functioning.
  7. 10. Ensuring the degree of excellence of a good or service.
  8. 13. Any nonpersonal presentation of ideas, goods, or services that is not paid for by the company or individual that benefits from or is harmed by it.
  9. 14. The production activity that establishes the timetable to be followed in production.
  10. 17. A financial summary with estimates as to when, where, and how much money will flow into and out of a business.
  11. 18. The amount an owner has invested in the business plus or minus profits and losses.
  12. 22. The buying of goods and services for a business.
  13. 23. The total value of the business.
  14. 25. The form of promotion that determines client needs and wants and responds through planned, personalized communication that influences purchase decisions and enhances future business opportunities.
  15. 27. A sum of money paid to an investor or stockholder as earnings on an investment.
  16. 29. A marketing function needed to communicate information about goods, services, images, and/or ideas to achieve a desired outcome.
  17. 31. Finance activity involving making decisions about financing.
  18. 32. The process of keeping financial records.
  19. 33. Marketing element requiring marketers to determine the amount of money they will ask in exchange for their products.
  20. 34. A business’s net income; the decisive point.
  21. 36. Debts that the business owes.