Across
- 3. A sum of money granted by the government or a public body to assist an industry or business so that the prices of products or services will not increase
- 5. Strategy The assumption that all markets are the same and are able to be targeted the same way
- 7. The laws that protects the ideas and products of a company by placing copyright on these things
- 8. The purchase of a smaller company by a larger one
- 9. The collaborative relationship between a local business and a new business of a certain market
- 10. The idea of combining forces produces a better business or product
- 11. Getting rid of an unwanted product by exporting a product at a price much less than the cost of production
- 12. Penetration The process of increasing the market share of an existing product, or promoting a new product, through strategies such as advertising, lower prices, or volume discounts
- 14. A method of production where a business or area focuses on the production of a limited scope of products or services
- 17. Growth The growth of a business through joining with another by merging or taking over
- 18. Change The process in which some businesses grow and expand, while some shrink
- 19. Growth The growth of a business through using its own resources
- 20. Industry A new industry in its early stages of development, and is in need of protection from predatory competition through tariff and non-tariff barriers until it is established
Down
- 1. The physical limits of a specific imported good in any one year
- 2. A agreement of two companies combining and becoming one
- 4. The idea that all business are dependent on each other
- 6. Trade The trade of goods and/or services across national borders
- 13. The growth or expansion of a business to a global or worldwide scale
- 14. Chain The sequence of process which starts with the most basic inputs and ends with the delivery of the product to the consumer
- 15. An unexpected event that may impact the economy drastically, bringing changes that are positive or negative
- 16. The taxes that are placed on specific imported goods to encourage people to purchase local products to protect the country's economy
