Revision unit 1

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Across
  1. 2. Goals that are specific, measurable, achievable, realistic, and time-limited.
  2. 4. A detailed financial plan for the future.
  3. 6. Economic resources are owned and controlled by both private and public sectors.
  4. 11. An organization representing workers, aiming to improve the pay, working conditions, and provide legal support to its members.
  5. 14. When a company buys more than 50% of the shares of another company and becomes its controlling owner. It can be called an acquisition.
  6. 15. A company whose shares are traded on a stock exchange and can be bought and sold by the public.
  7. 17. Economic resources are owned, planned and controlled by the state.
  8. 18. The action of showing initiative to take the risk to set up a business
  9. 19. An organization of people with shared interests or aims, working to influence business or government to change policies so that an objective is reached.
  10. 20. A business enterprise owned and controlled by the state - also known as a nationalised industry.
Down
  1. 1. The process of differentiating a product by developing a symbol, name, image or trademark for it.
  2. 2. A person or institution owning shares in a limited company.
  3. 3. A business organisation that owns and controls a number of separate businesses, but does not unite them into one unified company.
  4. 5. The three objectives of social enterprises: economic (profit to reinvest), social (jobs, community) and environmental (sustainability).
  5. 7. An offer to the public to buy shares in public limited company
  6. 8. Individuals or groups affected by and interested in an organization’s actions.
  7. 9. Businesses providing information services, such as computing, web design, ICT (information and communication technologies), management consultancy and R&D (research and development, particularly in scientific fields).
  8. 10. A business employee who takes direct responsibility for turning an idea into a profitable new product or business venture.
  9. 12. The resources needed by business to produce goods or services.
  10. 13. The total value of all the long term finance invested in the business.
  11. 16. Literally means that ‘the whole is greater than the sum ol parts’ - it is often assumed that the new business will be more successful than the original separate businesses.