Across
- 4. This sector produces or collects raw materials.
- 5. We cannot survive without these.
- 6. The people who work for the business and the skills that they have.
- 8. The ideas of entrepreneurs who combine resources to start businesses.
- 12. The next best alternative given up when a choice is made.
- 14. This sector provides services, e.g. retail or banking.
- 16. The owners of LTD’s and PLC’s.
- 22. The functional area responsible for hiring and training staff.
- 23. A target for a charity or social enterprise which is not based on making a profit.
- 24. The number of marks available for using the case in a six-mark question.
- 26. The word used to describe resources that will run out.
- 31. The natural resources used by a business and the physical space needed for the business.
- 32. A business identified by the letters LTD.
- 34. A business set up to help society rather than make money for owners.
- 35. Equipment, building and machinery needed by a business (one of the factors of production).
- 36. The name for the share of the profits that shareholders get.
- 37. Where owners can only lose the money they have invested in the company.
- 38. The environment that has an impact on a business that they cannot control.
Down
- 1. Where the shares of PLC’s are traded.
- 2. A legal document setting out how a business with 2-20 owners will be run.
- 3. You can buy and touch these.
- 7. The word used to describe the never ending demand for resources.
- 9. Someone who accepts risk to start a business.
- 10. The functional area that organises advertising and promotion.
- 11. The four resources that all businesses need.
- 13. A surplus created when revenue is more than costs.
- 15. A business owned by shareholders.
- 17. The word used to describe the constantly and fast changing business environment.
- 18. A business identified by the letters PLC.
- 19. This sector creates products, e.g. construction.
- 20. A business owned and controlled by between 2 and 20 people.
- 21. These are desirable but not essential items.
- 25. Products that you can buy but not touch.
- 27. The number of marks available for analysing in a six-mark question.
- 28. Where personal assets can be lost to pay business debts.
- 29. A business owned and controlled by one person.
- 30. The type of tax paid by companies, e.g. LTD’s and PLC’s
- 33. The type of tax paid by sole traders and partnerships