Across
- 7. The contribution of businesses to the economy through job creation, innovation, and generating wealth.
- 15. The positive impact of businesses on society, including fulfilling social needs and improving quality of life.
- 16. The willingness to take calculated risks to gain access to more opportunities.
Down
- 1. The ability to motivate employees and provide a clear vision for the business's future goals.
- 2. The financial gain obtained when revenue from business activities exceeds expenses.
- 3. Conditions that allow a business to exploit unmet customer needs or untapped markets.
- 4. The practice of defining specific, measurable, attainable, relevant, and time-bound objectives for the business.
- 5. The process of establishing a business to satisfy a need in the market whilst taking on associated risks.
- 6. Assessments conducted to determine the practicality and potential success of a business idea.
- 8. An idea for a new business that includes details about the product or service, the target market, and the business model.
- 9. Establishing relationships with individuals whose expertise may assist the business in the future.
- 10. The demand for a product or service that is not currently being met by existing businesses.
- 11. The act of creating new ideas, products, or methods to improve business operations or satisfy market needs.
- 12. The process of selecting the right choice to achieve the best possible outcome for the business.
- 13. International market opportunities that businesses can exploit to expand their operations and reach.
- 14. Specific, Measurable, Attainable, Relevant, and Time-bound objectives set by businesses to guide their progress.