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