Across
- 2. All natural resources used in production, for example building land, oil
- 4. Shares are on a public stock market
- 5. Businesses where there is no legal difference between the owner and the business
- 8. Basic systems and structures that allow a country or organization to work properly
- 10. Transfer public sector resources to the private sector (business)
- 12. The person(s) who has the initial business idea, raises the money and organises the other factors of production
- 15. intangible
- 18. Business owned by between 2 and 20 people
- 19. Owned by a relatively small number of shareholders, usually friends or family
- 20. Responsibility
Down
- 1. Transfer private sector resources to the public sector
- 3. Process of going public on the market, like a PLC
- 6. Business that has a separate legal identity from that of its owners
- 7. Business that sells the right to another business to operate a franchise
- 9. Paying part of the costs (often by the government)
- 11. all rely on each other
- 13. tangible products
- 14. Capital refers to man-made equipment that is developed to aid the production of other goods and services. For example machines, computers, vehicles, shop fixtures, tills
- 16. Any individual or group that affects an organisation or is affected by it
- 17. The human contribution to production- i.e. workers
