Across
- 3. a business that buys products in bulk from producers and then sells them to retailer
- 4. a person or organisation who owns shares in a limited company
- 6. The price increase of goods and services over time.
- 11. a business system where entrepreneur buy the right to use the name, logo nad product of an existiing business
- 12. the process of converting inputs such as land, labour and capital into saleable goods, for example shoes and cell phones.
- 13. an additional reward paid to workers for achieving targets set by managers
- 14. marketing activities used to communicate with customers and potential customers to inform and persuade them to buy a business’s product.
Down
- 1. an individual who take the financial risk of starting and managing a business
- 2. Debts of the business that will have to be paid sometime in the future
- 4. an individual who checks and controls the work of their subordinate
- 5. the ability of a business to pay its short-term debts.
- 7. an agreement with the bank which allows a business to spend more money than it has in its account up to an agreed limit. The loan has to be repaid in within 12 months.
- 8. The final user of a product
- 9. the quantity of goods and services consumers are willing and able to buy
- 10. Resource that are owned by a business