Units 1-5 Revision

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Across
  1. 3. Where a product is more advanced than competitors, so a higher price can be charged
  2. 8. A business owned by two or more people
  3. 12. A long-term development programme combining on-the-job and off-the-job training
  4. 13. The type of pricing where price is set lower than the competitor business, usually used by a new business
  5. 14. How workers are encouraged to work hard
  6. 16. Where two or more businesses agree to join together
  7. 19. Sessions in which the company asks questions of the applicant to assess their suitability for a job vacancy
  8. 20. The type of pricing where prices are reduced to give products a boost or sell of old stock
  9. 21. The third stage of the product life cycle, where sales are at their highest level
  10. 22. When a fault occurs with a product and the business asks for it to be brought back for repair or replacement
  11. 23. The owners of a limited company
  12. 25. The money that the business pays out
  13. 27. The management of the transportation and storage of goods
  14. 28. The difference between revenue and costs
Down
  1. 1. Workers that a line manager is responsible for
  2. 2. The type of data that is based on facts or numbers
  3. 4. The process of splitting the market for a product into different parts
  4. 5. Where a business merges with or takes over another business with which there is no connection
  5. 6. A business word used instead of money
  6. 7. When one worker is treated differently from another for no acceptable reason
  7. 9. A production process involving machinery that is not controlled by a person
  8. 10. Groups or individuals who have an interest in a business
  9. 11. A person who takes the risk of starting and running a business
  10. 15. Where sales are completed over the telephone
  11. 17. Data collected by the government every ten years
  12. 18. An arrangement with a bank that a business can spend more money than it has in its account
  13. 24. When workers choose to stay in a firm rather than move elsewhere
  14. 26. The share of profits paid to shareholders