Unit 1 Revision Crossword 2

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Across
  1. 3. Business … is the application of moral standards to business behaviour.
  2. 5. A business that is … has a separate legal entity from the owner(s).
  3. 6. A … business offers products or services that are related to a different business and that may be of use to the customers of that business.
  4. 8. The … environment includes those factors over which the business has little control. It may be further divided into two categories: operating and macro.
  5. 10. The … bottom line refers to the economic, environmental and social performance of a business.
  6. 12. … indicators are measurable statements which businesses use to evaluate performance.
  7. 13. … indicators are commonly expressed in real terms and often make use of qualitative data.
  8. 15. Owners of a company.
  9. 16. A business owned and operated by one person.
  10. 17. States what an organisation expects to achieve over a set period.
Down
  1. 1. … liability means that the shareholders in a company cannot be held personally responsible for the debts of that business.
  2. 2. A business … is a written statement of the business’s goals and objectives, and the steps to be taken to achieve them.
  3. 4. An individual or organisation that purchases a franchise.
  4. 5. The process that businesses go through to become a registered company and a separate legal entity.
  5. 7. The degree to which a business has achieved its objectives.
  6. 9. Buying the rights from another business to distribute its products under its name.
  7. 10. The group of customers to which the business intends to sell its product.
  8. 11. The business … refers to the surrounding conditions in which the business operates. It can be divided into two broad categories: internal and external.
  9. 14. The process of formulating objectives and determining how to achieve them.
  10. 18. Groups of people who attempt to directly influence or persuade an organisation to adopt particular policies.