AS Business Definitions

1. Purchasing assets such as property, vehicles and machinery that will be used for a considerable time by the business (10)
4. A person or group that have an interest in the business (11)
5. The job role is made larger with more tasks on the same level of ability and responsibility (3, 11)
9. When a business uses an outside supplier (11)

2. Measures the sales level in a given time period in pounds sterling (5, 5)
3. When responsibility is passed down to subordinates by managers (10)
5. Making sure that the workers do not perform the same job role too often (3, 8)
6. Entails passing authority from the center of an organisation to those working elsewhere in the business (16)
8. Employees are seen as the most valuable asset and should be developed to maximize their value to the organisation. (4, 2, 8)
10. A sign which distinguishes the goods and services of a business from those of its competitors (5, 4)

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