Chapter 1: Enterprise (1.1-1.2)

Down

• 2. the physical goods used by industry to aid in the production of other goods and services, such as machines and commercial vehicles (7, 5)
• 3. a business with mainly social objectives that reinvests most of its profits into benefitting society rather than maximising returns to owners (6, 10)
• 4. someone who takes the financial risk of starting and managing a new venture (12)
• 5. the physical and tangible goods sold to the general public - they include durable consumer goods, such as cars and washing machines, and non-durable consumer goods, such as food, drinks and sweets that can only be used only once (8, 5)
• 6. the non-tangible products sold to the general public - they include hotel accommodation, insurance services and train journey (8, 8)
• 8. increasing the difference between the cost of purchasing bought-in materials and the price the finished goods are sold for (8, 5)
• 9. the difference between the cost of purchasing bought-in materials and the price of the finished goods are sold for (5, 5)