Chapter 1: Introduction to business

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Across
  1. 2. En example of this need includes protection.
  2. 5. This person created a hierarchy of needs that consists of five layers.
  3. 6. The Market Economy in South Africa consists of formal and informal sector that produce tangible and _____________ products.
  4. 7. The ______________ possess assets, earn profits and choose products and careers in the Free-Market Economy.
  5. 8. One of society's limited resources
Down
  1. 1. Businesses emphasises four different elements, namely ________________, human activities, exchange and profit.
  2. 3. They own businesses that are need-satisfying within a market-economy.
  3. 4. Consumers have a choice greater than consumers in a Command Economy where businesses and consumers can make decisions without restriction.
  4. 5. General, financial, purchasing and ______________ management are some of the functional areas of business.
  5. 7. The ________ Economy does not allow any person to own a property and the products and services offered are decided by the government.