Across
- 3. a business owned by two or more people (generally a maximum of 20)
- 5. enterprise a business with the objective of fulfilling a social need
- 10. the people who work for the business and who expect to be paid fairly, trained properly and treated ethically in return for their contribution to production
- 12. a business owned and operated by one person
- 15. the skill to deal or liaise with people and build positive relationships with staff
- 16. the behaviour and attitude of the manager when making decisions, when directing and motivating staff, and when implementing plans to achieve business objectives
- 17. the degree to which a business has achieved its stated objectives
- 18. the abilities or competencies that managers use to achieve business objectives
- 20. A management style where the manager tells staff what decisions have been made
- 22. the person who has the responsibility for successfully achieving the objectives of the business
- 24. how well a business uses resources to achieve objectives
- 26. A management style where the employees assume total responsibility for, and control of, workplace operations
- 28. the ability to influence or motivate people to work towards the achievement of business objectives
- 29. the ability to transfer information from a sender to a receiver, and to listen to feedback
- 30. groups and individuals who interact with the business and have a vested interest in its activities
Down
- 1. an incorporated business that has a minimum of one shareholder and a maximum of 50 non-employee shareholders, and whose shares are offered only to those people whom the business wishes to have as part owners
- 2. what is left after business expenses have been deducted from money earned from sales (revenue)
- 4. management style one where the manager unites with staff to make decisions together
- 6. a desired outcome or specific result that a business intends to achieve
- 7. the ability to define business objectives and decide on the methods or strategies to achieve them
- 8. the obligations a business has over and above its legal responsibilities to the wellbeing of employees and customers, shareholders and the community, as well as the environment
- 9. management style one where the manager attempts to ‘sell’ decisions made
- 11. the proportion of total sales in a given market or industry that is controlled or held by a business, calculated for a specific period of time
- 13. the people who purchase goods and services from the business, expecting high quality at competitive prices
- 14. the ability to identify the options available and then choose a specific course of action from the alternatives
- 19. the values, ideas, expectations and beliefs shared by members of the business
- 21. an incorporated business with a minimum of one shareholder (and no maximum), and whose shares are openly traded on the Australian Securities Exchange
- 23. A management style where the manager consults employees before making decisions
- 25. the ability to transfer authority and responsibility from a manager to an employee to carry out specific activities
- 27. businesses or individuals who supply materials and other resources to a business so that it can conduct its operations