Across
- 3. capital, An experienced business person provides funds for small or medium sized companies that may be considered too risky for other investors, in return for equity
- 7. The number of products a business must sell so that its total revenue is the same as its total costs. At this point the business will make no profit or loss.
- 9. Data which is limited in detail, but can easily be put into graphs and charts for analysis.
- 11. Cash outflow ‐ Money leaving the business. E.g. Wages, suppliers, loan repayments or advertising.
- 12. An attempt to obtain and retain customers by drawing their attention to a business or its products. E.g. Sales promotions, advertising and public relations.
- 18. A person who organises resources, makes decisions and takes risks in business, in order to benefit from the potential future rewards.
- 22. Non‐physical items a business sells. E.g. Hairdressing, public transport & music streaming.
- 24. cost, Costs which do not change with output. E.g. Rent or salaries.
- 25. A business organisation that is usually owned by 2‐20 people, who have unlimited liability.
- 29. Where a large number of individuals invest into a business project on internet sites such as Kickstarter.
- 31. Goods and services that are bought into one country from another.
- 32. With agreement from your bank, taking more out of your account than you actually have, leaving a negative bank balance.
- 34. A prediction of future finances. E.g. Sales, cash flow or profits.
- 36. value, The difference between the cost of the materials taken to make a product and the price that is charged for the product.
- 37. Hardware and software that businesses may use.
- 38. The use of online systems to sell goods and services.
- 39. Where a business locates.
- 42. The amount charged to the customer for the product.
- 44. The good or service a business is selling.
- 45. credit, A period of time given to a customer between receiving the goods and payment being due.
- 46. Goods or services that a firm produces in its home market, but sells in a foreign market.
Down
- 1. The person who buys the product.
- 2. The number of people who are looking for work but unable to find any.
- 4. When companies produce comparable products or services within the same market.
- 5. A product which is out of date and no longer used.
- 6. The land, labour and capital used by entrepreneurs. E.g. Buildings, equipment & staff.
- 8. Data which is detailed and contains information about people's feelings and opinions.
- 10. Charges from the government.
- 13. Judging someone based on their age, gender, race, religion or disability.
- 14. rate, The price of one currency in terms of another
- 15. What the customer wants, these can change over time. E.g. Price, quality, choice or convenience.
- 16. The right given by one business to another to sell goods or services using its name.
- 17. Profit that is 'ploughed back' into the business.
- 19. A situation or decision that has exposure business failure, financial loss or lack of security.
- 20. Cash inflow ‐ Money coming into the business. E.g. Revenue, a loan or another source of finance.
- 21. A general and persistent rise in prices which reduces purchasing power.
- 23. The return for taking a risk and making it a success.
- 26. Physical items a business sells. E.g. Bikes, laptops & pens.
- 27. Liability Where a business and its owners have separate legal identities, meaning shareholders can only lose the original amount they invested into a business.
- 28. A person who owns a 'share' in a business.
- 30. The characteristics of the population in terms of age and gender.
- 33. , Collecting and analysing data from customers, competitors and the market in general.
- 35. The advantage one company has over another, or several others.
- 40. The amount left from revenue after costs have been paid.
- 41. The money made from selling a product.
- 43. flow, The flow of money into and out of a business over a period of time.