Across
- 4. a constant amount of depreciation is subtracted from the value of the asset each year
- 5. the value of debts of the business that will be payable after more than one year
- 7. using barriers to free trade to protect a country’s own domestic industries
- 8. the total value of goods and services produced in a country in one year
- 10. equal to sales revenue less cost of sales
- 11. the share of the profits paid to shareholders as a return for investing in the company
- 12. a stage of the organisational structure at which the personnel on it have equal status and authority
- 14. the aim of achieving perfect products every time
- 16. an accounting statement that records the values of a business’s assets, liabilities and shareholders’ equity at one point in time
Down
- 1. a form of promotion that is undertaken by a business by paying for communication with consumers
- 2. the process of selling different, unrelated goods or services in new markets
- 3. the chain of intermediaries a product passes through from producer to the final consumer
- 6. unions agree to sign a no-strike agreement with employers in exchange for greater involvement in decisions that affect the workforce
- 9. planning, implementing, controlling and reviewing the movement of an organisation from its current state to a new one
- 13. a business enterprise owned and controlled by the state – also known as nationalised industry
- 15. obtaining the use of equipment or vehicles and paying a rental or leasing charge over a fixed period