Across
- 1. A business based on the use of the brand names, promotional logos and trading methods of an existing successful business. The franchisee buys the license to operate this business from the franchisor.
- 3. A form of business in which two or more people agree to jointly own a business.
- 6. Providing financial services - including small loans - to poor people
- 8. Person or group with a direct interest in the performance and activities of a business.
- 9. predicting or estimating
- 11. when one business merges with or takes over a business in a completely different industry. AKA diversification
- 14. A Japanese term meaning 'continuous improvement' through the elimination of waste.
- 15. Refers to the levels of management in any organization from the highest to the lowest. A level of hierarchy refers to managers/supervisors/other employees who are given a similar level of responsibility in an organization.
- 17. Gaining, finding new employees
- 18. An owner of shares in a company
- 19. A set of questions to be answered as a means of collecting data for market research.
Down
- 2. Payment relating to the number of sales made.
- 4. The income to a business during a period of time from the sale of goods or services. Total revenue = quantity sold.
- 5. Revenue - Total cost = ?
- 7. The money invested into a business by the owners.
- 10. The 'online' buying and selling of goods and services
- 12. Debts owed by the business.
- 13. Funding a project or venture by raising money from a large number of people, typically via the internet.
- 16. stage 4 of product’s life cycle which the sale of the product is at its peak.