Across
- 3. An increase in the value of goods and services produced in an economy
- 4. An assessment of the practicality or potential for success of the business idea
- 7. A stated goal a business is aiming to achieve in a period of time
- 8. A measure of how well a business meets its stated objectives, starting with 'E'
- 10. A gap in a market, a ______ that customers have that is not being met
- 12. A process business owners and managers will go through to take a specific course of action
- 16. A measure of how well a business uses its materials and resources to produce a good or service, starting with 'E'
- 23. Efforts to go beyond legal requirements to look after society and the environment (hint: usually shortened to 3 letters)
- 24. An activity conducted to produce a good or service
- 25. A statement that describes what the business does and how it will achieve its vision
Down
- 1. A motivation for starting and running your own business
- 2. A process of collecing and analysing information regarding a market
- 5. The act of starting and operating a business
- 6. A foreign made product brought into Australia
- 9. A set of conditions that presents itself to an entrepreneur to achieve success
- 11. A process for establishing business objectives
- 13. A place where people can purchase goods or services from foreign countries
- 14. Creatinbg a new good or service, or process, or significantly improving an exisitng one
- 15. The idea which leads to a good or service
- 17. An Australian-made product sold to a buyer in a foreign country
- 18. A place (physical or online) where people come together to exchange money for goods or services
- 19. A person who seizes an opportunity to start a business
- 20. A business objective related to making the community (or world) a better place
- 21. A statement which describes where the business wants to be in the future (i.e. next 3-5 years)
- 22. The financial amount that remains after expenses are subtracted from revenue (income from sales)