IGCSE Business Studies: Business Activity

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Across
  1. 5. the resources needed to produce goods and services
  2. 6. inability to provide unlimited goods and services due to limited factors of production
  3. 8. readiness to take the risk of setting up a business
  4. 10. a way of adding value
  5. 12. a good or service that is essential to living
  6. 13. all natural resources, e.g. minerals, forests
  7. 14. when production is split into separate tasks and employees do just one of those tasks
  8. 15. non-tangible products, e.g. insurance, transport
  9. 16. a good or service people would like but is not essential for living
  10. 17. can be used over and over again
Down
  1. 1. state of being in short supply
  2. 2. when businesses and people concentrate on what they are best at
  3. 3. the benefit that could have been gained from an alternative use of the same resource
  4. 4. number of people available to work
  5. 7. type of goods sold to the public
  6. 9. machinery, equipment and finance needed to produce goods and services
  7. 11. increase in the worth of a product or service compared to the cost of its inputs
  8. 15. products sold to other businesses to help them in production process