Across
- 2. These companies can sell shares, unlike partnerships and sole traders, to raise capital
- 4. a document containing the business objectives and important details about the operations, finance and owners of the new business
- 5. any person or group that is interested in or directly affected by the performance or activities of a business
- 6. a person who organizes, operates and takes risks for a new business venture
- 9. a company typically in the early stages of its development
- 11. where the government owns and runs business ventures
- 12. types of motivators such as free healthcare, children’s education fees paid for, company vehicle, etc.
- 14. the enjoyment derived from the feeling that you’ve done a good job
- 19. the basic economic problem where there are unlimited wants and limited resources
- 20. this can be defined as the proportion of total market sales achieved by one business
- 21. the aims and targets that a business works towards to help it run successfully
- 25. this consist of all the services provided in an economy (hotels, travel agencies, hair salons, banks)
- 26. this involves the manufacture of goods using the resources from the primary sector (auto-mobile manufacturing, steel industries, cloth production)
- 27. the reason why employees want to work hard and work effectively for the business
- 29. Two or more owners who can sell its’ shares to any individual/organization in the general public through stock exchanges
- 30. when a business expands its existing operations
Down
- 1. a good or service essential for living. Examples include water and food and shelter
- 3. the next best alternative forgone by choosing another item
- 7. They purchase and consume the goods and services that the business produces/ provides
- 8. types of motivators such as wages, salaries, commissions, etc.
- 10. a legal agreement between two or more people to own, finance and run a business jointly and to share all profits
- 13. this involves the use/extraction of natural resources (agricultural activities, mining, fishing, wood-cutting, oil drilling)
- 15. resources required to produce goods or services and are classified into four categories
- 16. when a business takes over or merges with another business
- 17. One or more owners who can sell its’ shares to only the people known by the existing shareholders
- 18. where private individuals own and run business ventures
- 22. a good or service that people would like to have, but is not required for living
- 23. they are also employees but control the work of others
- 24. involves workers swapping around jobs and doing each specific task for only a limited time and then changing round again
- 28. A business organization owned and controlled by one person