Across
- 4. What is the acronym for The Australian Securities & Investment Commission? This organisation is responsible for the registration of businesses names.(KK1)
- 8. Policies aim to provide a broad set of guidelines that govern ___________ on a certain area within an organisation. (KK4)
- 9. an income statement records whether a business has made a net profit or a net loss. The net profit or net loss is calculated after ___________ are deducted from revenue. (Clue: money that is going out of the business, an outflow of cash)(KK2)
- 10. ___________ support policies as they are a series of steps or actions within the policy to help abide by the policy.(KK4)
- 11. Policies and procedures help to achieve compliance with legal requirements and establish ___________ for the business. They create a certain way of completing tasks in the way that the business wants. (Clue: think about what a set a steps is called that you have to follow). (KK4)
- 12. a factor in which relates to choosing suppliers and having a strong relationship with the supplier can help affect the order deadline, production speed and time.(KK3)
- 15. A technological issue that may affect decision making when establishing a business, which aims to target customers efficiently and create loyalty and a strong relationship between business and customers. This further allows a business such as Netflix to recommend shows that matches the customer previous views. It is a customers d__________. (KK5)
- 18. ____________ social responsibility is going above and beyond legal expectations to benefit the community (including employees) and/or reduce harm on the environment.(KK3)
- 19. Zoning laws affect the location of a business within an area, usually made by the local _________ to separate residential and shopping/populated areas between merged.(KK1)
- 22. What type of policy does this rule come under. You must be at least 1.5 m apart to avoid contamination of Covid-19, is apart if the social d__________ policy. (KK4)
Down
- 1. a process where employees physically counted inventory and check against data of purchases made within a certain time period. (KK2)
- 2. P______ are a written set of broad guidelines that are to be followed by all employees upon making decisions. This sets a direction for the business and set a standard of behaviour for the business. They promote good practises within the businesses environment.(KK4)
- 3. CSR (Corporate Social Responsibility) which defines as going above and beyond legal expectations to benefit the community and/or reduce harm on the environment) applies to the ethical issues of overseas suppliers and resources. When dealing with overseas suppliers, it is important to consider their individual c_________. This means respecting their languages, religions, customs and ideals. (KK5)
- 5. An a______ is a checking system of a business that can be internal and external that is completed by the ATO. It is also a financial control system that is completed by the ATO externally.(KK2)
- 6. The purpose of an i______ statement is to display the net profit or loss of a business.It is also an accounting report.(KK2)
- 7. Company tax is a _______________ tax. (Clue: it varies depending on the profit for each company)(KK1)
- 13. Fringe Benefits are part of an employees remuneration package in place of a s_______, for example a car or a phone. (KK1)
- 14. A disadvantage/negative effect with generating a customer base upon establishing a business is that privacy could become an issue after a customer has completed the form with their personal details, mainly online. This comes under the act called _________ Act 1988 (Cwth)(KK5)
- 16. This relates to a global issue. A positive effect/advantage of overseas suppliers and realisers is that if you can sell your products to the overseas retailers, you can expand your potential customer base. An increase in customers will lead to an increase in _______ which will finally create an increase in profit.(KK5)
- 17. Without a ______ account people would have no where to keep/store their money and/or profits earned from the operations of the business. And further the principal of a separate entity could not be achieved. (KK2)
- 18. By using ______ labour , it can negatively affect your reputation where customers will not buy your products. This practise is a payment method that utilises underage workers.(KK3)
- 20. The ________ tax is paid in regular intervals when an employer makes payments to the employees, where an amount is withheld for the ATO. It is the acronym for Pay as You Go.(KK1)
- 21. you can’t have a quality output with quality i_______ /resources sourced from suppliers. For example, if the materials supplied by suppliers is not of great quality, it is likely that the final product for the business to sell will be not of good quality. (Clue: think of the opposite of an output).(KK3)
- 23. When choosing suppliers a negative reason that affects the CSR if a business is _________. This is because the business must make money and find the best price of the materials. (Think about the financial aspect of the action of buying different products with different products and another word for price)(KK3)