Across
- 2. When one firm buys another firm (can be friendly or hostile.
- 5. Economies of scale that arise from within the business as it grows.
- 6. A firm owned by shareholders who can freely buy and sell shares on a stock exchange.
- 10. The sector that provides services to customers and other firms.
- 11. The stock market value of a company (total shares × share price).
- 13. The cost-saving benefits that large firms enjoy as they grow.
- 14. A person who owns and runs their own business alone.
- 15. The sector that extracts raw materials from the earth.
Down
- 1. A merger between firms in the same industry at the same stage of production.
- 3. A merger between firms in unrelated areas of business.
- 4. When a firm gets too large and average costs start to rise.
- 7. A business owned by between two and twenty people.
- 8. A merger between firms at different stages of production.
- 9. Economies of scale that arise due to the location of the firm.
- 12. The sector that manufactures goods and constructs buildings.