Business studies crossword

5. Type of economies of scale - Occurs when a large firm can employ specialist workers to complete tasks and can spread the cost
9. protects the rights of workers
10. A visual representation of showing roles and responsibilities
11. any person who is directly affected by the business operations
14. Indirect costs
16. When the government sells some public sector businesses to the private sector
17. Sales revenue - costs
18. Revenue - cost of sales
19. level of output at which total costs equal total revenue
21. company where you can sell shares to people you know
23. a business that is owned by more than 1 person
24. items of value that are owned by the business
27. a very specific segment of consumers who share characteristics and, because of those characteristics, are likely to buy a particular product or service
28. is the measurement of profit made in relative to either : Value of sales achieved, Capital invested into the business
29. renting an asset - monthly payments are made and the _______ company is responsible for the safety of the asset
31. Cash flow _________

1. Type of leader that makes all decisions by themselves
2. is the the reason why employees want to work hard and work effectively for the business
3. All natural resources covered by nature: fields, trees, oil, gas, minerals, metals
4. costs that are not linked with the production of the product
6. when a country sees a decline in the importance of primary sector industries and an increase in the importance of secondary (manufacturing) industries
7. business focused on the product and the innovation - not too much focused on marketing
8. merging with a business in a different industry
11. Income _______ shows the profit made by the business
12. span of _______ = level of employees that you are directly responsible for
13. inspires employees, works with the employees
14. next best option not selected due to scarcity of resources.
15. One of the most important objective for a start up business
20. splitting the market into smaller segments based on characteristics
22. process in which the business tries fill their vacancies
25. the process of concentrating on and becoming expert in a particular subject or skill
26. another word for responsibility of the whole business
30. type of sector that provides services to consumers and other sectors of industry