Across
- 2. _____ sector businesses are firms that process and manufacture goods from natural resources.
- 3. a payment, out of profits, to shareholders as a reward for their investment.
- 5. If an unincorporated business fails, then the owners might have to use their personal wealth to finance any business debts.
- 6. Non-current assets offered as security against borrowing.
- 10. A good or service that is essential to living.
- 12. People and businesses concentrate on what they're the best at.
- 13. The amount a business earns from the sales of its product.
- 14. A good or service that people would like, but is not essential for living.
- 15. An individual or group which has an interest in a business because they are affected by its activities and decisions.
- 16. An individual who has an idea for a new business and takes financial risk of starting it up and managing it.
- 18. There are not enough goods and services to meet the wants of the population.
- 21. Consumer _____ are products that are sold to the final customer. They can be seen and touched, for example computers and food.
- 22. ____ sector businesses are firms whose business activity consists of extracting natural resources.
- 23. A business system where entrepreneurs buy the right to use the name, logo and. product of an existing business.
- 26. The production and supply of goods to the final customer involves activities from all three sector businesses.
- 27. Businesses from the _____ sector are businesses and industries that are owned or controlled by the government.
- 28. ____ goods are physical goods, such as machinery and delivery vehicles, used by other businesses to create other goods and services.
- 30. The ____ capital is the finance needed when firstly starting a business.
Down
- 1. A business that is controlled and owned by just one person who takes all the risks and receives all the profit.
- 4. A business ____ is a detailed written document outlining the purpose and aims of the business which is often used to persuade lenders and investors to finance a business proposal.
- 7. The benefit that could have been gained from an alternative use of the same resources.
- 8. Consumer ____ are non-tangible products such as insurance services, transport.
- 9. A public _____ is a business organisation that is owned and controlled by the state.
- 11. A business formed by two or more people who will usually share responsibillity for the day-to-day running of the business. Partners usually invest capital in the business and will share profits.
- 15. A person or organisation who owns shares in a limited company.
- 17. A ____ economy is an economic system in which some industries are controlled privately and some by the government.
- 19. Businesses from the ____ sector are businesses and industries that are not owned or controlled by the government but individuals.
- 20. The _____ of labour is when a company divides each employee on different tasks
- 24. The ____ shareholders are the owners of a limited company.
- 25. two or more businesses agree to work together on a project and set up a separate business for this purpose.
- 29. _____ sector businesses are firms that supply a service to consumers and other businesses.