Across
- 2. maximum number of shareholders a private limited company can have.
- 3. this is a business whose shares are traded on an open market such as the ASX which has an unlimited number of stakeholders.
- 5. Shares in public listed companies are traded on
- 7. stakeholders interest is to maximise profit and get a return on their investment.
- 9. Without this a business might not be clear about its objectives or may not achieve its objectives as it will not have considered different alternatives of how to best achieve an objective.
- 10. The ability to influence and motivate people towards the achievement of business objectives.
- 13. a management style where the manager makes the decisions and tells employees what tasks to perform.
- 15. a management style where the ideas and opinions of employees are considered.
- 16. this is a business which has one owner who is the sole person legally responsible for the business and has full decision-making authority.
- 19. maximum number of owners a partnership can have.
- 20. a stakeholder whose interests include a pay that matches their managerial responsibilities.
- 22. the corporate culture the business wants to be the culture and can be observed in the businesses official documents such as policies,slogans,mission statement and objectives of the business.
- 26. different to charities and non-profit organisations because they aim to make a profit and the majority of their income comes from sales, not donations.
- 27. the ability to select an appropriate course of action from a range of alternatives.
- 28. this is a government run business that aims to provide a service to the community but also aims to make a profit by running under general business principles eg. Aus post.
- 30. the ability to transfer information from one party to another.
Down
- 1. the business is complex/expensive to set up and operate in comparison to a soletrader or partnership.
- 4. is a strength of a partnership
- 6. owner is the same legal entity as the business.
- 8. is a weakness of a soletrader
- 11. a management skill that allows managers to use their time more efficiently completing other tasks.
- 12. When a business has more revenue than expenses.
- 14. an advantage of a private limited company and public listed company.
- 17. a weakeness of a sole trader.
- 18. measures how well a business can uses its resources.
- 21. The extent to which a business achieves its stated objectives.
- 23. a shareholder expectation.
- 24. a management style where the manager leaves the majority of decision-making and authority with employees.
- 25. type of business where the workload can be shared among business partners.
- 29. the type of communication of a persuasive management style