Across
- 3. is when one business merges with or takes over another one in the same industry at the same stage of production
- 6. is when one business buys out the owners of another business
- 7. is when one business merges with or takes over another one in the same industry but at a different stage of production
- 8. is when business merges with or takes over a business in a completely different industry
- 10. explain how the business intends to satisfy customer needs and gain brand loyalty
- 11. occurs when a business expands its existing operations
Down
- 1. is when the owners of two businesses agree to join their business together to make one business
- 2. is a document containing the business objectives and important details about the operations, finance and owners of the business
- 4. is the total value of capital used in the business
- 5. is when a business takes over or merges with another business
- 9. is a person who organises, operates and takes risk for a new business venture