Grade 8 Business Vocabulary

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Across
  1. 4. personality trait
  2. 6. when a company sends their labour overseas due to the cheaper cost
  3. 10. a financial plan listing expected expenses and income during a particular period
  4. 11. a person who operates, organises and assumes the risk of a new business
  5. 12. the remainder of your income once expenses have been subtracted
  6. 14. a particular ability developed through training and experience that is useful in a job
  7. 17. a business model where someone buys the rights to operate a branch of an existing business owned by another person or company
  8. 19. the opinion that customers in general have about a business based on their past dealings with the company and the quality of the product and/or service the business sells
  9. 20. the combination of actions a company uses when selling a product or service; often described as the four Ps (product, price, place and promotion)
  10. 21. the conditions that make a business more successful than the businesses it is competing with, or a particular quality that makes it more successful
  11. 22. a short written description of the aims of a business, charity, government department, or public organisation
Down
  1. 1. a system based on your personal income
  2. 2. an action that a business plans to do to achieve a goal within a time frame
  3. 3. the number of products or services that a company sells compared to the number of the same product or service sold by other companies
  4. 5. A business __________ is a general statement of the desired achievement of a business.
  5. 7. a measure of how happy customers feel when they do business with a company
  6. 8. the knowledge and skills used by owners of businesses and managers to coordinate the production process of goods and services
  7. 9. the founder of Boost Juice
  8. 13. a tax on goods coming into a country (imports)
  9. 15. the term used to describe the physical or virtual place where goods and services are bought and sold
  10. 16. the increase and simplification of trade around the world, especially by large companies producing and trading goods in many different countries
  11. 18. the development of a new idea or product