Business Studies Revision

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Across
  1. 2. A type of financial statement. ___________ statement
  2. 5. Strengths and weaknesses in a SWOT are internal or external?
  3. 6. Technology, markets and the economy are all ____ influences.
  4. 9. GST is the ________ and services tax.
  5. 10. Failure to _______ is a leading cause of business failure.
  6. 11. _________= Liabilities + Owners Equity.
  7. 13. Using machines to do the work of people.
  8. 16. Liquidation normally occurs when the company is ________
  9. 18. A management skill
  10. 19. (Abbrev) Ongoing, business wide commitment to excellence that is applied to every aspect of the business' operation.
  11. 20. What type of asset is a building on a balance sheet?
  12. 23. is a declaration that a business or person is unable to pay his or her debts
  13. 24. Refers to the business processes that involve transformation of inputs into outputs.
  14. 25. The use of inspections at various points in the production process to check for problems.
  15. 26. This stage of the HR cycle involves improving skills and abilities.
  16. 28. Flour, milk and butter are the _______ needed in a bakery.
  17. 31. Robotics and artificial intelligence improve the efficiency and ______ of a business.
  18. 32. Increasing _______ is a types of financial goal.
  19. 34. Someone who has an interest in a business.
  20. 35. Someone who co-ordinates a business' resources to achieve goals.
  21. 36. Money supplied by the owner to start and expand the business.
Down
  1. 1. Banks, dentists and retailers are part of the _____ sector.
  2. 3. These don't change when production increases or decreases.
  3. 4. Increasing unemployment, low business confidence and consumer spending
  4. 7. An entrepreneur is prepared to take _______.
  5. 8. This aspect of Product is very important as it protects the product and provides information.
  6. 12. Sales-COGS=
  7. 14. An example of a fixed cost.
  8. 15. A type of goal setting/ a technique of setting goals.
  9. 17. A type of environmental goal: ________development
  10. 21. Another name for liabilities.
  11. 22. Sole traders and partnerships are _____ businesses
  12. 27. ____ are those people or businesses who are owed money.
  13. 29. Refers to the business' share of the total industry sales for a product.
  14. 30. ___ is the process of finding and attracting the right quality and quantity of staff.
  15. 33. Female, 18-30yr, urban is an example of a market _____