Business Studies Terms 1

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Across
  1. 3. the amount of money a business can spend immediately
  2. 5. a business which sells the same product in the same market as another business
  3. 8. someone who creates a business taking on financial risks with the aim of making a profit from the business
  4. 9. the amount of income received from selling goods or services over a period of time
  5. 10. occurs when a businesses total costs are greater than their revenues
  6. 12. an expense paid out to run a business
  7. 13. concerning the quality of something that cannot be measured in numbers (eg opinions/ feelings)
Down
  1. 1. out of date or no longer used
  2. 2. investigation of the features of a market and customer opinions within a market
  3. 4. a cost which does not vary with output
  4. 6. occurs when a businesses revenues are greater than its total costs
  5. 7. concerning the quantity or amount of something that can be measured in numbers
  6. 11. - ………. Selling Point something that makes a product or service standout from its competitors