Retrieval Practice

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Across
  1. 4. A word used to describe needs and wants that will never run out.
  2. 9. The functional area responsible for monitoring and controlling business finances.
  3. 10. Equipment, building and machinery needed by a business.
  4. 11. Where personal assets can be sold to pay the debts of a business.
  5. 12. The department responsible for manufacturing goods or providing services.
  6. 14. The department responsible for raising awareness, e.g. through advertising.
  7. 15. You can buy and touch these.
  8. 18. A legal document stating how a business with two or more people will be run.
  9. 24. The people who work for the business.
  10. 26. Another name for the deed of partnership
  11. 27. The next best alternative given up when a choice is made.
Down
  1. 1. This sector produces or extracts raw materials, e.g. farming
  2. 2. Someone who accepts risk to start a business.
  3. 3. This sector provides services, e.g. retail.
  4. 5. The functional area responsible for recruiting and training staff.
  5. 6. A word that describes resources that will run out.
  6. 7. We cannot survive without these.
  7. 8. The four resources that all businesses need.
  8. 13. You can purchase these but you cannot touch them.
  9. 16. These are desirable but not essential items.
  10. 17. The space needed for a business and the natural resources used.
  11. 19. The ideas of entrepreneurs who combine resources to start businesses.
  12. 20. A business owned and controlled by one person.
  13. 21. This sector creates products, e.g. construction.
  14. 22. A business owned and controlled by between 2 and 20 people.
  15. 23. A surplus when revenue is more than costs
  16. 25. The type of tax paid by sole traders and partnerships