Growth

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Across
  1. 4. Integration with a firm at more advanced stage of production.
  2. 7. The difference between the value of a firms revenue and its total costs.
  3. 10. Where average cost falls as a consequence of business growth.
  4. 11. The portion of the profits that a shareholder gets.
  5. 12. Where average cost rises as a firm grows.
  6. 14. Occurs when one business buys and takes control of another.
  7. 16. When a business uses another business to produce for it.
  8. 17. Integration with a firm in an unrelated industry.
  9. 19. Costs that do not change with output.
  10. 20. Integration with a firm at the same stage of production.
  11. 22. The cost of borrowing or reward for saving money
  12. 23. The value of one currency in terms of another.
Down
  1. 1. Anyone interested in what a firm does.
  2. 2. The act of buying or selling using the internet.
  3. 3. The value of all of a firms shares.
  4. 5. When a business gets bigger by joining with or buying another business.
  5. 6. The four resources that are used in different ways to create businesses.
  6. 8. Sales x Selling Price.
  7. 9. Integration with a firm at a previous stage of production.
  8. 13. When two or more firms agree to join together to form a new business.
  9. 15. Costs that do change with output.
  10. 18. Growth from opening new shops, e-commerce, franchising or selling in new markets..
  11. 21. A big business that allows smaller businesses to use its name and sell its products.