Across
- 1. is the term that refers to the money (cash) coming into your business and as income and going out of your businesses as expenses and payments, over a defined period of time.
- 4. organizing production so that waste is minimised and costs are the lowest possible.
- 6. a documented plan for the development of as business, giving details such as the products to be made, resources needed and forecasted such as costs, revenue and cash flow.
- 7. this is an emergency stock held in case there is a stock shortage
- 9. is described as those features of a product or service that allow it to satisfy customer’s wants”.
- 11. where a business sells just enough to cover its costs.
- 12. type of budgeting process that forces a each section of a business or organization to justify needs and costs, and thus expenses each year.
- 13. is a management strategy aimed at embedding awareness of quality in all organizational processes.
- 16. is defined as a population in which the number of elderly (65+) is increasing relative to the number of 20-64 year olds.
- 19. is the cost of borrowing or saving money.
- 21. is the movement of people from one place in the world to another for the purpose of taking up permanent or semipermanent residence,
- 23. is the finance needed for everyday expenses , such as payment of wages and buying of stock and paying other monthly expenses.
- 24. are small groups of staff, usually from the same area of work, who meet on a regular and voluntarily basis. They attempt to solve problems and make suggestions about how to improve various aspects of the business
- 25. refers to ease with which assets can be converted into cash.
Down
- 2. is a trading partnership, based on dialogue, transparency and respect, that seeks greater equity in international trade.
- 3. is a form of equity finance designed specially for funding high risk and high reward projects of young entrepreneurs.
- 5. is about the use that a business makes from its resources
- 8. is a grant from the government conferring the rights to exclude others from making, selling, or using an invention.
- 10. This is a way of inviting general public to subscribe to its offer of attractive rates of interest on the certificates issued by the company.
- 14. the time between placing the order and the delivery of goods.
- 15. the amount by which current output exceeds the level of output necessary to break-even.
- 17. Engage in more business than can be supported by the market or by the funds or resources available.
- 18. is a contract in which business acquires the use of resources such as property, machinery or equipment, in return for regular payments
- 20. is the charges that government makes on activities, earnings, and income of business and individual’s.
- 22. is a measurement of efficiency; it measures the output of a firm in relation to its inputs.