MYP Unit 1: How businesses work: Introduction to Business Management

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Across
  1. 8. Economic sector focused on knowledge information and innovation
  2. 9. Human effort used to produce goods or services
  3. 11. The process where businesses create value between production cost and selling price
  4. 13. Inputs used by a business to produce goods and services
  5. 14. Business function that plans production quality resources and distribution
  6. 15. Economic sector that transforms raw materials into finished or semi finished goods
  7. 19. Business function that recruits trains motivates and manages employees
  8. 21. Business function that identifies target customers branding promotion and feedback
  9. 22. Business function that manages budgets costs pricing cash flow and profitability
Down
  1. 1. People whose needs and preferences are identified through market research and pay the price of a product
  2. 2. Basic materials used in the production process
  3. 3. Man made resources used in the production process
  4. 4. A decision making organization that uses resources to produce goods or provide services
  5. 5. The process of creating goods or services
  6. 6. Tangible physical products that can be touched held or carried
  7. 7. A person responsible for organizing coordinating and improving performance
  8. 10. A person who shows enterprise initiative and takes risks
  9. 12. Intangible products that buyers cannot physically touch hold or carry
  10. 16. Economic sector that provides services to consumers and businesses
  11. 17. Natural resources that come from the Earth
  12. 18. Economic sector related to the extraction of natural resources from the Earth
  13. 20. Knowledge skills and experiences used to identify opportunities and organize resources