Across
- 3. Basic requirements for human survival
- 6. sector The part of the economy owned by the government
- 8. The money invested in a business by owners
- 10. Cost advantages reaped by companies when production becomes efficient.
- 12. A resource controlled by the business from which future economic benefits are expected.
- 13. trader A business owned and operated by one person
- 14. Income earned from selling goods or services
- 15. motive The intention to achieve financial gain in a business
- 18. sector The part of the economy owned by individuals or companies
- 19. A business owned by two or more people sharing profits and risks
- 21. The introduction of new ideas, methods, or products.
- 22. An owner of shares in a company.
- 23. The sector of industry that extracts natural resources
- 26. A financial plan for a defined period, usually a year.
- 27. Human effort used in the production process
Down
- 1. A business model where a company allows another party to use its brand and products/services in exchange for a fee.
- 2. The difference between revenue and total costs
- 4. A person employed for wages or salary.
- 5. Physical products that can be touched
- 7. A name, symbol, or design that identifies a product
- 9. The process of gathering and interpreting information about a market.
- 11. When two businesses agree to join together
- 12. A form of marketing communication used to persuade an audience to take some action with respect to products, ideas, or services.
- 16. Any individual or group who has an interest in or is affected by the activities of a business.
- 17. An organization that produces goods or services to satisfy needs and wants
- 20. A person who takes the risk to start a business
- 24. A place where buyers and sellers interact
- 25. The legal responsibility for business debts
