Introduction to business management

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Across
  1. 5. Intangible products, such as haircuts, tourism, public transport, banking, insurance education, and healthcare.
  2. 6. sector Business activity involved with the manufacturing or construction of finished products.
  3. 9. and accounts Function of an organization responsible for ensuring that the business has sufficient funds in order to conduct its daily operations.
  4. 10. Function of identifying the needs and wants of customers so that the business can provide goods and services to meet these requirements and desires, usually in a profitable way.
  5. 11. A business-minded person who manages, organizes and plans the production process, taking risks with business decision making.
  6. 12. sector Business activity that involves providing services to customers, i.e. consumers and business clients.
  7. 13. The process of creating goods and/or services using the factors of production available to the business.
  8. 16. A decision-making organization established to produce goods and/or provide services.
  9. 17. Physical products, such as food, clothes, furniture, cars and smartphones.
  10. 18. value The process of producing a particular good or service that is worth more than the cost of the resources used to produce it.
Down
  1. 1. of production The collective term for the resources used in the production process, i.e. land, labour, capital and entrepreneurship.
  2. 2. sector Business activity involving the creation or sharing of knowledge and information.
  3. 3. added The numerical difference between the cost of factor inputs in the production process and the price that the final output is sold for.
  4. 4. The process of making goods and providing services from the available resources of a business to meet the needs and wants of its customers.
  5. 7. The knowledge, skills and experiences of individuals who have the capability to manage the overall production process.
  6. 8. resources The function that handles all aspects relate to the workforce, involving all aspects of business operations related to staff (personnel) within an organization.
  7. 14. sector Business activity involved with the extraction of natural resources, e.g. fishing, mining and agriculture.
  8. 15. plan An official document with details of an organization and the proposals for reaching its aims and objectives (goals).