Across
- 2. what type of tax do consumers pay?
- 4. price x quantity = ?
- 6. when someone is treated differently to others based on their gender, ethnicity, or disability
- 13. where total revenue = total costs
- 14. costs to a business that change with the level of output
- 16. revenue - costs
- 17. Something that makes a product stand out from its competitors (abbreviation)
- 19. Convenience, branding and quality are all ways to ...
- 21. Anyone who has an interest in the activities of a business such as consumers, suppliers, government
- 23. investors who are part-owners of the company
- 24. a sustained increase in the average price of goods and services
- 25. a short term source of finance allowing to borrow money from a bank at short notice
Down
- 1. this is used to identify gaps in the market
- 3. breaking the market down into smaller parts
- 5. the level of risk is limited to the amount invested into the business
- 7. when one business gives another business permission to use its trading name and products in return for a fee
- 8. the value of one currency in terms of another
- 9. a stakeholder group that will usually protest against a business (usually for environmental reasons)
- 10. a percentage of the profit paid out to shareholders
- 11. a document that sets out how an entrepreneur is going to set up and run their business
- 12. interest is the cost of borrowing money, and the ____________ for saving money
- 15. money that the business keeps, rather than paying out to shareholders
- 18. a business that is owned by two or more people
- 20. Relating to the differences in population, such as age, income, race and so on
- 22. What entrepreneurs take on in hope of reward