L4

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Across
  1. 3. The functional area responsible for hiring and training staff.
  2. 6. The owners of LTD’s and PLC’s.
  3. 7. The functional area that organises advertising and promotion.
  4. 12. A business identified by the letters PLC.
  5. 13. The word used to describe the constantly and fast changing business environment.
  6. 15. Products that you can buy but not touch.
  7. 16. A goal for a charity or social enterprise which is not based on making a profit.
  8. 18. A business owned and controlled by between 2 and 20 people.
  9. 21. The people who work for the business and the skills that they have.
  10. 22. This sector creates products, e.g. construction.
  11. 24. The word used to describe resources that will run out.
  12. 26. You can buy and touch these.
  13. 27. The type of tax paid by sole traders and partnerships
  14. 29. This sector produces or collects raw materials.
  15. 31. The four resources that all businesses need.
  16. 32. A business identified by the letters LTD.
  17. 34. Where the shares of PLC’s are traded.
  18. 35. This sector provides services, e.g. retail or banking.
  19. 36. The environment that has an impact on a business but that they cannot control.
Down
  1. 1. Where owners can only lose the money they have invested in the company.
  2. 2. Where personal assets can be lost to pay business debts.
  3. 4. A business owned by shareholders.
  4. 5. A surplus created when revenue is more than costs.
  5. 8. We cannot survive without these.
  6. 9. The next best alternative given up when a choice is made.
  7. 10. A business owned and controlled by one person.
  8. 11. These are desirable but not essential items.
  9. 14. Equipment, building and machinery needed by a business (one of the factors of production).
  10. 17. A legal document setting out how a business with 2-20 owners will be run.
  11. 19. The name for the share of the profits that shareholders get.
  12. 20. Someone who accepts risk to start a business.
  13. 23. The ideas of entrepreneurs who combine resources to start businesses.
  14. 25. A business set up to help society rather than make money for owners.
  15. 28. The type of tax paid by companies, e.g. LTD’s and PLC’s
  16. 30. The natural resources used by a business and the physical space needed for the business.
  17. 33. The word used to describe the never ending demand for resources.