Across
- 5. When a business merges with another one from the same industry but on a different production stage.
- 9. The production and supply of goods to the final consumer involves activities from primary, secondary, tertiary sector businesses.
- 11. A good or service which is essential for living.
- 13. Firms whose business activity involves the extraction of natural resources
- 15. When a business merges with another one from a completely different industry.
- 17. A good or service that people would like, but is not essential for living.
- 19. The part of an economy that is owned by individuals and companies for profit.
- 20. The part of the economy that is controlled by the state or the government.
Down
- 1. Document that contains the business objectives and important details about operations.
- 2. Physical goods such as machinery and delivery vehicles, used by other businesses to produce goods and services.
- 3. A type of growth when a business merges or takes over another business.
- 4. Firms that process and manufacture goods from natural resources.
- 6. Production is divided into separate tasks and each emloyee does just one of those tasks.
- 7. Non-tangible products such as insurance service or transport.
- 8. A type of growth when a business expands on its own.
- 10. An economy where the resources are owned and controlled by both the private and public sectors.
- 12. There are not enough goods and services to meet the wants of the population.
- 14. Firms that supply a service to consumers and other businesses.
- 16. An individual who has the idea of a new business and who bears all its risks.
- 18. People and businesses concentrate on what they are best at.