Chapter 1: Introduction to Business

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Across
  1. 7. when businesses sell the same or similar goods and services.
  2. 8. goods and services that are not necessary for one's survival but which one would like to have.
  3. 11. when two businesses sells goods and services that satisfy the same needs and wants of customer but falls under different categories.
  4. 12. people who take risk to start and run their own business.
  5. 13. the efforts of the people involved in the production of goods and services.
Down
  1. 1. things that can be seen and touched.
  2. 2. someone who buys goods and services from a business.
  3. 3. cannot be seen or touched but it can be experienced.
  4. 4. the use of business resources to produce goods and services, and earn profits.
  5. 5. an organisation that meets the needs and wants of customers.
  6. 6. the land site itself as well as natural resources such as the sea, forests, minerals and petroleum.
  7. 9. good and services that are necessary for one's survival.
  8. 10. money needed to start a business.