TECHNICAL VOCABULARY STUDIED SET 1

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Across
  1. 2. THE NUMBER OF PEOPLE AVAILABLE TO MAKE PRODUCTS.
  2. 3. THE MONEY INVESTED INTO A BUSINESS BY THE OWNERS.
  3. 6. THE PAYMENTS MADE TO SHAREHOLDERS FROM THE PROFITS OF A COMPANY.
  4. 10. THE SECTOR OF THE INDUSTRY WHICH MANUFACTURES GOODS USING THE RAW MATERIALS PROVIDED BY THE PRIMARY SECTOR.
  5. 12. THIS OCCURS WHEN PEOPLE AND BUSINESSES CONCENTRATE ON WHAT THEY ARE BEST AT.
  6. 14. A TYPE OF GROWTH IN WHICH A BUSINESS MERGES WITH OR TAKES OVER ANOTHER BUSINESS.
  7. 15. A TYPE OF INTEGRATION IN WHICH THE OWNERS OF TWO BUSINESSES AGREE TO JOIN THEIR FIRMS TOGETHER TO MAKE A NEW BUSINESS.
Down
  1. 1. A TYPE OF COMPANY WHOSE SHARES ARE TRADED ON THE STOCK EXCHANGE.
  2. 4. A TYPE OF LIABILITY IN WHICH THERE IS A SEPARATE LEGAL IDENTITY.
  3. 5. THE AGREEMENT BETWEEN TWO OR MORE FIRMS TO START A NEW PROJECT TOGETHER, SHARING THE CAPITAL, THE RISKS AND THE PROFITS.
  4. 7. A TYPE OF ECONOMY IN WHICH THE PRIVATE AND THE PUBLIC SECTOR COEXIST.
  5. 8. A DOCUMENT CONTAINING THE BUSINESS OBJECTIVES AND IMPORTANT DETAILS ABOUT THE OPERATIONS, FINANCE AND OWNERS OF THE NEW BUSINESS.
  6. 9. A PERSON WHO BUYS THE LICENCE OF AN EXISTING BUSINESS TO OPERATE IT.
  7. 11. A TYPE OF VERTICAL INTEGRATION IN WHICH A FIRM INTEGRATES WITH ANOTHER ONE CLOSER TO THE CONSUMER.
  8. 13. A FACTOR OF PRODUCTION WHICH COVERS ALL THE NATURAL RESOURCES PROVIDED BY NATURE.