Across
- 2. Targets other than profit set by, for example charities.
- 5. Activities designed to raise awareness, build an image, remind or persuade customers to buy.
- 6. Mass producing products using non-stop production lines.
- 7. Data collected from closed questions that is easy to express numerically.
- 8. The type of tax paid by companies.
- 10. AKA the four P’s.
- 14. A big business that allows smaller businesses to use its name and sell its products.
- 16. A legal document setting out how a partnership will be run.
- 18. A rise in the price of goods or services over time.
- 20. a good or service that meets or exceeds customer expectation.
- 21. Using data collected for a different purpose, e.g. from books or online.
- 22. Targets that a business wants to achieve.
- 24. Growth by joining with or buying another business.
- 25. A Japanese term meaning continuous improvement.
- 26. Data that is collected from open questions that is difficult to express numerically.
- 27. The movement of goods, services, information and money through the production process.
- 29. Products bought from overseas for sale to domestic consumers.
- 30. A compulsory contribution to state finances.
- 33. The good or service that the customer buys.
- 38. Holding stock so that manufacturing is not affected if there is a problem with suppliers.
- 39. Essential items that we cannot live without like food, water and warmth.
- 40. Collecting new data specific to the business needs, e.g. from questionnaires or focus groups.
- 41. The distribution channels used to get a good from a producer to a consumer.
- 45. The amount of work completed by an employee in a particular period of time.
- 47. The person who uses the product.
- 48. A fall in average cost as a consequence of business growth.
- 51. the number of subordinates a manager is responsible for.
- 52. The smallest type of business and easiest to set up.
- 53. Ideas from entrepreneurs who coordinate resources to create businesses.
- 54. A surplus when revenue is more than costs.
- 55. Expenses incurred by a business when providing goods or services.
- 56. The money raised from selling ownership in a limited company.
- 58. The range of products that a business sells.
Down
- 1. Where two or more people own and run a business.
- 3. They will never run out.
- 4. The money made from sales (quantity sold x selling price).
- 9. The cost of the next best alternative given up when a decision is made.
- 11. The production of one off items to meet the needs of each individual customer.
- 12. Where decisions are made throughout the business not just in head office.
- 13. Non-essential items that we can survive without.
- 15. The experience that a customer receives before, during and after purchasing a product.
- 17. Selecting suppliers, establishing terms or payment and negotiating contracts.
- 19. Checking quality throughout the production process.
- 23. Maximising outputs from given inputs
- 28. The type of tax paid by sole traders.
- 30. The exchange of one thing in return for another.
- 31. The factors that make people want to work.
- 32. The owners of PLC’s and LTD’s.
- 34. Buying or selling using the internet.
- 35. The type of liability that sole traders have.
- 36. Checking quality at the end of the production process.
- 37. All of the businesses involved in stocking the production process.
- 41. The amount a customer pays for a good or service.
- 42. Holding as little stock as possible. Items are ordered when needed.
- 43. Production that focuses on reducing unnecessary waste in the production process.
- 44. The person who buys the product.
- 46. The sector also known as the service sector.
- 49. The number of items sold or services provided.
- 50. When a business uses another business to produce for it.
- 57. Growth by selling more products, e.g. opening new shops.
- 59. Resources that are scarce and will run out.