Business studies key words for unit 2 0.0 / 5 ? Business StudiesKey wordsGCSEOCR Created by: KaiahCreated on: 09-11-15 11:40 81035721946 Across 1. When a job vacancy is filled by employing someone who is already an employee of the business. (8, 11) 4. This is paid to workers who sell goods or services. The amount is calculated as a percentage of the value of the goods or services the worker sells. (10) 7. An extra sum of money paid to an individual or group, when they reach a target level of production (5) Down 2. To persuade the worker to work extra hours per week. It may be paid at time and a quarter or time and a half. (8, 3) 3. This is the main tasks/responsibilies of a worker. (3, 11) 5. The third stage of production, where a service is provided for consumers (8, 6) 6. The firm agrees to pay the worker an amount of money per year, which is divided by 12 and paid out monthly. The worker is not usually paid fo extra hours of work, but may recieve bonuses. (6) 8. A legal agreement drawn up between the partners of the business stating the responsibilities of partners, so for example, how the profits and loses will be shared. (4, 2, 11) 9. The worker is paid a set amount of money for each hour worked. (4, 4) 10. Or sole proprietor, one person owns the business (4, 6)
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