Across
- 6. - Techniques used by businesses to cut down on waste and therefore increase efficiency
- 7. - Any person or group with direct interest in the performance and activities of a business
- 9. - The selling price less variable cost
- 10. - The income during a period of time from the sale of goods and services
- 11. - When owners of two companies agree to join together their firms to make one business
- 12. - The physical container or wrapping for a product
- 13. - Output measured against the inputs used to create it
- 14. - The reason why employees want to work hard and effectively for the business
Down
- 1. - Business which controls all of the market for a product
- 2. - A detailed written document
- 3. - A business based upon the use of the brand names, promotional logos and trading methods of an existing successful business
- 4. - Management process which identifies customer wants, anticipates future wants and then goes about satisfying them profitably
- 5. - Giving authority to a subordinate to perform particular tasks.
- 8. - The transferring of a message from the sender to the receiver who understands the message