GRADE 10 Business Environments

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Across
  1. 3. This environment includes internal factors over which the business has full control
  2. 6. The long-term dream or desired future of a business
  3. 10. Characteristic of a successful business involving vision and direction
  4. 11. Bodies that enforce industry laws and standards
  5. 12. Tool used to analyse macro-environmental factors
  6. 13. An organisation that transforms inputs into goods and services to satisfy needs and wants
  7. 15. This type of development includes investing in training and skills improvement of workers
  8. 18. Middlemen that help distribute goods and services
  9. 19. Money and equipment used in the business
  10. 22. People who purchase and use products or services
  11. 25. Management task that focuses on future goals and actions
  12. 26. The ability of a business to generate more revenue than costs
  13. 27. Precision and cost control in the use of resources
  14. 28. This advantages includes a unique feature that makes a business difficult to imitate
Down
  1. 1. Human effort used in the production process
  2. 2. The most urgent objective of a new business in its first year
  3. 3. Statement describing what a business does to achieve its vision
  4. 4. Factor of production that combines resources and takes risks
  5. 5. Taking responsibility for the impact of the business on society
  6. 7. The speed and output of a business
  7. 8. Rival businesses competing for the same customers
  8. 9. This environments is the external environment consisting of customers, competitors and suppliers
  9. 14. Analysis tool used to identify strengths, weaknesses, opportunities and threats
  10. 16. Function responsible for researching and meeting customer needs
  11. 17. This environment is also known as the external environment over which a business has no control
  12. 20. This type of development is adopting new technologies to improve operations
  13. 21. Businesses that provide raw materials and services
  14. 22. Shared values, attitudes and behaviours within a business
  15. 23. Organisations that promote social and environmental causes
  16. 24. Expansion of a business through increased capacity or additional branches