Across
- 1. A Business Plan describes A step-by-step (x) of how an entrepreneur or the owner of an enterprise expects to turn ideas into reality
- 3. Small companies provide their owners with independence, (x) and control
- 6. The annual Crowe Hotel Industry Survey 2019 has reported growth in (x) and profits for many hotels over the last number of years
- 11. A (x) is a type of license that a party/individual acquires to allow them to have access to a business's proprietary knowledge, processes, and trademarks in order to allow the them to sell a product or provide a service under the business's name
- 13. A business (x) – is a plan for the successful operation of a business, identifying sources of revenue, the intended customer base, products, and details of financing
- 14. A (x) is an early sample, model, or release of a product built to test a concept or process
- 15. The hospitality sector is a (x) intensive industry
- 16. What motivated 80% of entrepreneurs to open their own businesses?
- 18. McClelland’s research/theory relates to (x)
- 20. Assembling the right (x) is essential to generating effective new business model ideas
- 21. Entrepreneurs are people who notice (x)
- 24. An (x) also notices opportunities and take initiatives to mobilize resources, however they work in large companies and contribute to the innovation of the firm
- 25. 72% of entrepreneurs have a (x) education
- 27. Entrepreneurs often seek (x) from others
- 28. Deciding what your (x) are will direct you toward what type of business fits you best
- 29. During the recession, many hospitality businesses had to cut costs, and (x) was first in line
Down
- 2. A recent survey undertaken by the IHF found that 78% of hotels are reporting an increase in (x) premiums over the past 12 months
- 4. The (x) process describes the creative process for generating a large number of business model ideas
- 5. Marketing can be defined as a business (x) to create and retain satisfied customers
- 6. Because of the high (x) involved in running an entrepreneurial organization, having an “upbeat” and self-confident attitude is essential
- 7. A diverse business model innovation team has members with different areas of (x)
- 8. The (x) Principle is the practice of using one business to start another
- 9. Success has a high price, and entrepreneurs have to be willing to (x) certain things
- 10. A business model describes the (x) of how an organization creates, delivers, and captures value
- 12. This word describes ‘group discussion to produce ideas or solve problems’
- 17. High achievers take (X) for attaining their goals, set moderately difficult goals, and want immediate feedback on their performance
- 19. Complete this phrase ‘Plan (x), not optimistically
- 22. Entrepreneurs have (x) drive, are confident in their own abilities, and possess a great deal of self-respect
- 23. Nothing worth having is (x)
- 26. Human resource departments are finding it harder to source and (x) staff
- 28. 61% of entrepreneurs were male or female?