Across
- 3. is a person who organises, operates, and takes the risk for a new business venture.
- 5. acquisition or purchasing of another business.
- 8. occurs when a business expands its existing operations.
- 9. is the total value of capital used in the business.
- 10. when businesses merge with others in the same industry but at different stages of production, can be forward or backward.
Down
- 1. when a business takes over or merges with another, often known as 'integration'.
- 2. merger of business in the same industry and same stage of production.
- 4. a document containing business objectives and important details about the operations, finance and owners of new businesses.
- 6. when 2 businesses agree to join and make one.
- 7. merges of business of completely different industries.