Across
- 2. _______________ integration is when a business integrates with another business in the same industry but at a different stage of production.
- 3. _____________ integration is when a business integrates with another business in a completely different industry.
- 6. It is when a business buys out another business by purchasing the majority of its shares.
- 9. Business growth where a business expands its number of branches in termed as ___________ growth.
- 10. They are factors which allow for a reduction in average cost when a business expands.
- 12. A person who takes the financial risk of starting and managing a business venture is known as an ______________.
Down
- 1. It describes the total amount of capital invested in a business.
- 4. It refers to the proportion of sales of a business out of a whole market's sales.
- 5. _____________ integration is when a business integrates with another business in the same industry and at the same stage of production.
- 7. It is a document containing the objectives and other important details about a business.
- 8. Business growth where a business integrates with another business is referred to as ____________ growth,
- 11. It is when two or more businesses agree to join together to form a single, large business.