Across
- 2. a good service which people would like, but is not essential for living.
- 6. to shareholders as a reward for their investment.
- 7. An individual or group which has an interest in a business because they ar affected by its activites and decisions.
- 10. firms whose business activity involves the extraction of natural resources.
- 12. firms that supply a service to consumers and other businesses.
- 16. A good serving which is essential for living
- 17. the owners of a limited company.
- 19. production is divided into separate tasks and each employee does just one of the tasks
- 22. the amount a business earns from the sale of its products.
- 24. there are not enough goods and services to meet the wants of the population.
- 25. people and businesses concentrate on what they are best at.
- 26. a statement of a specific target to be achieved.It should be SMART.
- 28. an individual who has an idea for a new business and takes the financial risk of starting up and managing it.
- 29. the revenue of a business expressed as a percentage of total market revenue.
- 30. the resources needed to produce goods and services - land, labor, capital, and enterprise.
Down
- 1. The finance needed when first setting up a business.
- 3. A business by two or more people who will usually share responsability for the day--to-day running of the business. Partners usually invest capital in the business and will share profits
- 4. physical goods, such as machinery and delivery vehicles , used by other businesses to help produce the goods and services.
- 5. A business that is owned and controlled by just one person who takes all of the risks and recives all the profit.
- 8. The process of producing goods and services to satisfy consumer demand.
- 9. A group of like-minded people that puts pressure on businesses and gouverment to change their polices to reach a predetermined objective.
- 11. A business with social objectives that reinvests most of its profit back into the business or into benefiting society at large.
- 13. a payment, out of
- 14. non-current assets offered as security against borrowing.
- 15. Unlimited wants cannot be met because there are limited factors of production.
- 18. a business system where entrepreneurs buy the right to use the name, logo and product of an existing business.
- 20. often a small to medium-sized company; owned by shareholders who have limited liability. The company cannot sell its shares to the general public.
- 21. a detailed written document outlining the purpose and aims of a business which is often used to persuade lenders or investors to finance a business proposal.
- 23. an economy where the resources are owned and controlled by both the private and the public sectors.
- 27. a person or organisation who owns shares in a limited company.