Across
- 2. The margin of time between the date when stock is obtained and the date when it is sold on.(2 words)
- 3. Management structure where decision-making does not take place at the centre of the business.
- 6. Common measure of risk is taking in its financing, measuring the proportion of total capital raised fm L-T loans.
- 8. Government policy that uses changes in taxes and public sector spending to influence the economy.
- 10. A written document outlining the details of the type of person required to do the job.(2 words)
- 13. Integration which involves businesses joining together that are at the same stage of the production process.
- 14. A plan for the future containing numerical or financial targets.
Down
- 1. The proportion of a market that is held by a business, product or brand.
- 2. The protection enjoyed by shareholders – who can only lose the money they have put into the company.(2 words)
- 4. _________of scale. A benefit of increasing business size - unit costs fall as production output rises.
- 5. Giving a subordinate the authority to perform particular tasks.
- 7. Where a business acquires the right to use the name and products of another business.
- 9. An individual or group that is directly or indirectly affected by the actions of a business.
- 11. Basic needs such as food, shelter, warmth and sleep that needs to be satisfied in order to live.
- 12. Growth which occurs as a business sells more of its own products.