Business Awareness Crossword

A process through which a business increases the worth of the resources included in production so that customers perceive the product to be worth more than the cost of the inputs
An external contact of a business that provides support and advice, sometimes for free
A fixed amount loan from a bank which is generally used to finance long-term assets
Borrowings from a bank on a current account which are payable on demand
The point at which the total sales of a business equal total costs -i.e. the business is making neither a profit nor a loss
A detailed plan of income and expenses expected over a certain period of time
A detailed description of a new or existing business, including the company’s strategy, aims and objectives, marketing & financial plan
A stated goal or target of a business (note: a business can have more than one objective!)
The movements of cash into (“inflows”) and out of (“outflows”) a business
Amounts incurred by a business as a result of its trading operations
The amount of a product or service that customers are willing and able to pay at a given time
Defining a market in terms of social-economic factors such as segmentation age, income, class etc
An individual who sets up and runs a new business and takes on the risks associated with the business
Costs that do not vary with the level of output – e.g. rent, salaries)
The resources (land, labour, capital, enterprise) that go into producing goods and services
Shareholders are only liable for the money they have invested - not for the overall debts and liabilities of their company
Any place (e.g. physical, electronic) where buyers and sellers come together with a view to exchanging transactions
The percentage growth in the size of the market, measured over a specific period
The share of the total market that is owned by a particular business, product or brand. Usually expressed in percentage terms. The firm with the largest percentage market share is known as the market leader.
The total value or quantity of demand in a specific market over a specific period of time. Can be measured in value terms (e.g. sales) or in terms of quantities (e.g. units) bought or sold.
The right to be the only user of producer of a specified product or process
The difference between total sales and total costs
The income or sales that a business achieves in a period. Calculated by multiplying selling price per unit x units sold.
A one-person business with unlimited liability for the debts of that business
Unlimited liability describes the potential risk that sole traders and partnerships face. They are liable for the debts of the business
Any person or organisation which buys or is supplied with a product or by a business
The person who ultimately uses (or consumes) a product
What does PLC standfor?
What does LTD stand for?