Across
- 2. The ability to create positive interactions with employees in order to develop beneficial professional relationships.
- 6. Disadvantage of a public listed company
- 10. Individuals who put money into a business, usually in the hope of gaining a financial return on their investment.
- 13. As a participative & lasses-faire management style both have ___________ decision-making, both resultin some loss of management control.
- 16. Each a sole trader and a partnership do not sell shares on the _________________ therefore do not have shareholders.
- 17. I am an interest of the general community
- 19. A potential risk which may arise during a partnership
- 21. A management style where the manager seeks the ideas and opinions of employees before they make a final decision.
- 24. A stakeholder is ……..is an individual or group that has vested interest in the actions of that business.
- 25. True or false? A persuasive management style has one way downwards communication and centralised decision-making. Employees may feel more valued if a persuasive management style is used rather than an autocratic style because they have a little bit of input.
- 26. Which management skill involves the transfer of authority and responsibility from a manager to an employee to carry out specific activities. The manager remainsaccountable for the work.
- 28. These stakeholders want increased wages and high levels of job security for completing tasks that contribute to the achievement of business objectives.
- 29. This is a business which is unincorporated that has a minimum of 2 and a maximum of 20 owners.
- 30. Disadvantage of a sole trader
Down
- 1. This is an incorporated business (meaning they are their own legal identity that can sue or own assets in their own right) that has a maximum of 50 private shareholders.
- 3. Two way communication as the initial objectives and constraints are set, followed by mainly horizontal communication between employees in the team
- 4. A management style where the manager and employees come together to make decisions as a team.
- 5. Those that purchase goods/services from a business.
- 7. A business aims to make a profit that exists primarily to fulfil a mission that benefits the community rather than owners/shareholders.
- 8. Both a social enterprise and a government business enterprise each provide a _________ benefit.
- 9. The ability to influence and motivate people towards the achievement of business objectives.
- 11. 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.
- 12. Shareholders have an expectation to make a return on their investment. Name the suitable way that shareholder can make a return on their investment.
- 14. Those that oversee and coordinate a business' employees and lead the business with the aim of achieving the business' objectives.
- 15. When a business has more revenue than expenses.
- 18. Advantage of an autocratic management style
- 20. Corporate culture is the ______ values and beliefs of people within a business.
- 22. Want to increase revenue to enhance theiroverall profits and therefore want to sell their resources for the highest possible price.
- 23. Advantage of a private limited company
- 27. The ability to transfer information from one party to another.