Across
- 3. legal rules or directives that companies must follow in their operations
- 7. A single person with an idea for a product or business who takes on the risk of setting up a business with a goal of making profit
- 10. Industry concerned with turning raw materials and resources into final products for consumer
- 12. being legally responsible for or owing something, such as a debt to a lender
- 13. The process of setting up a company as a legal entity
- 14. company owned by between 1 and 50 ‘shareholders’, shares can’t be purchased by the public
- 15. money earnt/left over after all expenses have been paid for
- 17. A document showing the assets, liabilities and amount held in shares equities of a business
- 18. industry concerned with providing services to consumers, such as plumbing or hairdressing.
- 19. Industry involved in working closely with governments to make economic and social decisions
- 21. the legal framework by which a business is set up
Down
- 1. factors that impact a business in which there is scope for growth or development of the company in the future
- 2. a business structure whereby 2 to 20 owners share profit and responsibility for losses for the business
- 4. Examining the strengths, weaknesses, opportunities and threats for a business
- 5. a company whose shares are traded freely on the sharemarket
- 6. Industry involved in providing information to consumers and other businesses through research and technological advancements
- 8. An organisation carrying out commercial operations
- 9. an organisation set up to provide help to and raise money for those in need
- 11. a single person who is the exclusive owner of a business
- 16. industry such as mining and agriculture, concerned with obtaining and providing natural raw materials
- 20. An amount of money lost by a business when expenses are higher than the amount of sales income