Business Unit 1 GCSE 0.0 / 5 ? Business StudiesMarketing mixPeople in businessProfitRecruitment and retention of staffStarting a businessGCSEAQA Created by: DianaDomCreated on: 19-05-16 08:46 358921647 Across 1. Shareholders in a limited company (plc, ltd) can only lose their investment in the business if it fails; they cannot be forced to sell assets to pay off the firms debt's. (7, 9) 3. An increase in turnover (sales), market share or profit. (6) 4. Where the buyer and seller come together to exchange the goods or services for money. This may not mean face-to-face meeting, but could be carried out online. (6) 5. Profit made as a proportion of sales revenue. (6, 6) 9. An individual with an idea for a business, who takes a risk and develops the business (11) Down 2. The most common form of business organisation, just one person running the business. (4, 6) 3. A business opportunity that is either a completely new idea or adds something different to an existing product or service. (Innovation) (3, 2, 3, 6) 6. The moral questions on which decisions are made, and the impact the business has on its internal and external environment. (6) 7. The potential for loss but rewards in business make it a calculated gamble. (4) 8. What is left after costs have been deducted form revenue (6)
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