Across
- 2. Continuous improvement involving all employees
- 5. Dividing consumers into groups with similar characteristics
- 6. Individual or group with an interest in a business
- 8. Business with limited liability and shares not sold publicly
- 9. Creating a unique identity for a product or business
- 10. Producing goods in groups at different stages
- 12. Difference between current sales and break-even sales
- 13. Cost advantages gained from increasing production size
- 15. Output produced per worker or machine in a given time
Down
- 1. Total income from sales
- 3. Point where total costs equal total revenue
- 4. trader Business owned and run by one person
- 7. Production method focused on reducing waste
- 11. Person who takes the risk of starting and running a business
- 14. Next best alternative given up when making a choice