GCSE Business

2. A business identified by the letters PLC.
6. The owners of LTD’s and PLC’s.
11. The four resources that all businesses need.
12. A factor of production - the space needed for a business and the natural resources used.
13. The environment that has an impact on a business but that they cannot control.
15. The type of tax paid by companies
16. Where personal assets can be lost to pay the debts of a business.
19. You can buy these but not touch them.
21. The type of tax paid by sole traders and partnerships
22. A business set up to help society rather than make money for owners.
23. A legal document setting out how a business with 2-20 owners will be run.
26. We cannot survive without these.
28. This sector creates products, e.g. construction.
29. A surplus when revenue is more than costs
30. The next best alternative given up when a choice is made.
31. The name for the share of the profits that shareholders get.
32. A business identified by the letters LTD.
33. A business owned and controlled by between 2 and 20 people.
34. The functional area that organises advertising and promotion

1. This sector produces or extracts raw materials.
3. A business owned and controlled by one person.
4. A factor of production - Equipment, building and machinery needed by a business.
5. The people who work for the business.
7. Where owners can only lose the money they have invested in the company.
8. The functional area responsible for hiring and training staff.
9. You can buy and touch these.
10. A business owned by shareholders.
14. Resources that will run out are described as this .
17. Resources that will never run out are described as this.
18. This sector provides services, e.g. retail.
20. These are desirable but not essential items.
24. The ideas of entrepreneurs who combine resources to start businesses.
25. Someone who accepts risk to start a business.
27. Where the shares in PLC’s are traded.