Revision

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Across
  1. 2. This is a factor that affects the location of the business that deals with the abilities and skills of individuals.
  2. 4. This is a person who undertakes the risk involved in establishing and running a business in the hope of making a profit.
  3. 7. Business records can be maintained manually or ________________ on a spreadsheet.
  4. 9. _______________ planning generally refers to any developments likely to come into effect within the next three years.
  5. 10. This is when the terms of the contract has been fulfilled, for example the job has been completed and the payment has been made.
  6. 11. This is all natural resources, including the land that is found and the natural resources in the land and sea.
  7. 13. For contractual purposes, contracts are not considered binding unless something of value is exchanged between the parties.This is called _______________
  8. 14. A successful entrepreneur is _____________ and will not be put off by setbacks.
  9. 15. This is an outline or overview of the business plan.
Down
  1. 1. These are files or records containing details about the external and internal interactions of a company.
  2. 3. Entrepreneurs are likely to think of and develop new ideas.
  3. 5. If the buyer finds the quotation satisfactory, she will send the seller an official _____________
  4. 6. ______________ of the accounts of a business is carried out to provide an objective and independent examination of financial statements
  5. 8. Business documents are important because they serve as instruments for ________________
  6. 12. The entrepreneur must have an idea, skill, or service that others want.