Understanding business activity

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Across
  1. 2. firms that manufacture goods from natural resources;
  2. 4. company which is privately held for small businesses
  3. 6. a good or service that people would like to have
  4. 8. selling the same product to the whole market with no attempt to target groups with in it
  5. 10. the value added to the product when sold
  6. 12. the money required in the business.
  7. 13. method of distributing products or services involving a franchisor
  8. 14. the next best alternative forgone by choosing another item.
  9. 16. the specific, measurable results that companies hope to maintain as their organisation grows.
  10. 18. the physical and mental efforts put in by the workers in the production process
  11. 19. an asset that a lender accepts as security for a loan
  12. 20. a self-employed person who owns and runs their business as an individual
  13. 23. the finance, machinery and equipment needed for the production of goods and services
  14. 24. the natural resources that can be obtained from nature
  15. 27. recruitment when a vacancy is filled by an existing employee of the business.
  16. 28. a formal arrangement by two or more parties to manage and operate a business and share its profits
  17. 29. a subset of a population that is used to represent the entire group as a whole
  18. 30. any fault in equipment that can halt production and waste valuable time.
Down
  1. 1. the output measured against the inputs used to produce it.
  2. 3. products are being sold in markets all over the world, so there are more competitors in the market
  3. 5. income, especially when of an organization and of a substantial nature
  4. 7. taxes on imports
  5. 9. an agreement between two or more businesses to work together on a project.
  6. 11. a good or service essential for living.
  7. 14. the form of recording , watching, auditing.
  8. 15. the owners of a limited company
  9. 17. when one business buys out the owners of another business
  10. 21. the basic economic problem
  11. 22. a reward, cash or otherwise, that a company gives to its shareholders
  12. 25. new or small firms usually have it as a primary objective.
  13. 26. an individual who creates a new business