Across
- 3. Method of stakeholder conflict resolution with all stakeholder groups in conflict agreeing to accept the decision or judgment of the independent arbitrator.
- 8. The individuals or organizations that actually use a product.
- 10. The individuals or organizations that purchase a product.
- 11. This is an organization’s decisions and actions that impact society in a positive way.
- 12. The various long-term plans of action and approaches used by a business to achieve its goals.
- 14. The individuals who take risks in overseeing a business organization or business venture, usually in pursuit of profit.
- 17. The business function referring to the process of making goods and providing services from the available resources of a business to meet the needs and wants of its customers.
- 18. An inspiring declaration of what an organization ultimately strives to be, or to achieve, in the distant future.
- 19. This refers to any business organisation that is owned by its shareholders, who have limited liability. They comprise of privately held companies and publicly held companies.
- 20. This growth strategy involves the right to trade using another company’s products, brand name and corporate logo.
Down
- 1. The short-term methods, often on a daily basis, used to implement business strategy.
- 2. occurs when a company buys a controlling interest in another firm without the prior agreement or approval of the target company’s Board of Directors.
- 4. These are the clearly defined targets of a business in order to achieve its aims.
- 5. a legal difference between the owners of a company (the shareholders) and the business entity itself. This ensures that the owners are protected by limited liability.
- 6. The process of creating goods and/or services using the factors of production available to the business.
- 7. Business activity involving the creation or sharing of knowledge and information.
- 9. Business function of identifying the needs and wants of customers so that the organization can provide goods and services to meet these requirements and desires, usually in a profitable way.
- 13. These are for-profit social enterprises owned and run by their members (usually employees, managers or customers). Their primary goal is to create value for their member-owners.
- 15. A kind of integration that occurs when an acquisition or takeover occurs between two companies operating in different industries.
- 16. These are moral guidelines or codes of practice which govern good organizational behaviour.