Nature of business

3. is a physical product.
5. the skills and numbers of employees employed by a business.
7. the equipment used to provide the goods and services.
8. are the inputs that businesses use to provide their goods and services.
10. is someone who is willing to take risks involved in starting a new business.
12. the skills of the people involved in the business to identify business opportunities and bring together resources to meet these opportunities.
14. is someone who buys a product or service from a business.
16. is the physical land and site on which the business is located and other natural resources a business might use.
17. the sacrifice we make whenever we decide to anything.

1. is a business that is set up to help society rather than to make a profit.
2. is made up of organisations that are at the first stage of production and use raw materials.
4. is an organisation that produces a good or supplies a service.
6. is someone who uses a product or service from a business.
9. is the final stage and is made up of organisations that provide services.
11. refers to the ability to take risks to develop a business idea.
13. -sector is made up of organisations that convert primary resources into products.
15. is an intangible good