Key terms Revision Unit three

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Across
  1. 3. Business we owe money to as a result of buying goods on credit
  2. 4. A financial plan which sets out the projected income and expenditure for a particular period of time
  3. 5. This type of leader is very controlling and often motivates fear and intimidation
  4. 8. a small amonut of safety stock held within the business
  5. 9. Back up or emergency plans formulated to protect the business
  6. 11. The term that describes the pathwaysalong which information flows through an organisation
  7. 12. This allows Data to be stored in offsite locations and servers
  8. 14. The hierachy in the business from top to bottom
  9. 16. Passing on responsibility for certain decisions or outcomes to others
  10. 17. Some leaders have the abilty to attract, inspire and influence describe the term people
  11. 18. this occurs when a debtor is unable to pay some or alll of the money they owe
  12. 20. Similar to a large computerised filing system used to store, huge amounts of information which can be updated and manipulated
  13. 21. This type of leader is more likely to see the opinions of others when making decisions
  14. 22. The process of stripping away layers of managment in an organisation
Down
  1. 1. A communication system which uses computers to transfer information directly from one business to another
  2. 2. the term to describe measuring performance by comparing actual outcomes to plans and taking corrective action if necessary
  3. 4. This plan sets out the aims and objectives of the business and will provide cash-flow forecasts and profit projections.
  4. 6. meetings held on an occassion basis to dela with specific issues or problem facing the company.
  5. 7. Responsible for enforcing the 1988and 2003 ACTS
  6. 10. companies are required by law to hold this meeting once a year
  7. 13. Business that owe us money because we sold them goods on credit or have money loaned to them
  8. 15. The 1988 and 2003 laws protect the person known as what whose information is on file
  9. 19. A list of topics for discussion at a meeting