Economics and Business B. Definition of terms. F-P

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  • Created by: baimzej
  • Created on: 06-03-16 22:25
P M A R K E T P O S I T I O N I N G M E Y
O R D I N A R Y S H A R E C A P I T A L J
P S F O I N F R A S T R U C T U R E R O T
O P P O R T U N I T Y C O S T F R X K I E
M Y G O V E R N M E N T F A I L U R E L L
I S T Q Y Q F U S H K W B T E P S H T O J
M O P E R A T I N G P R O F I T D W S B G
O M I P I S R U P X B F U X G F I U E O X
D O V E R C O N S U M P T I O N X F G R G
P H A N Q Q F O Y H N S Y X U J I R M L O
O M X M E N G Q K K V I H I X A S O E C N
S A V C Y R M R N X B L V P Q D V L N S C
F H T B Q T D J G I P E U I L D Q A T R D
Y G N F X A X M N S W K S J K I W K A B S
I M A R K E T C L E A R I N G M J A T G S
H F Q A Q C O S S C S D N J V Q T T I X P
X J H L E W G L C G H U L L Y S A P O O G
G R O S S P R O F I T M A R G I N A N A U
K A K X Y Q C P A U W D J R W X U L H W D
H D S X E C Y F R F S P G F N O H R S D G
R P R Q A I M F I E T M X R X M B C H A S

Clues

  • a measure of profitability. Gross profit is shown as a percentage of turnover. (5, 6, 6)
  • includes transport facilities, communications, and access to energy and water (14)
  • means there is no excess supply and no excess demand (6, 8)
  • occurs when governments try to deal with market failure, but in doing so create further problems. (10, 7)
  • represents cost in terms of an alternative to that chosen. e\very decision has an opportunity cost ie the item or service foregone in order to get the preferred product (11, 4)
  • shows how individual products orr brands are seen in relation to their competitors by consumers (6, 11)
  • the money raised by selling shares of a plc business. these represent stakes in the company or service . Shareholders receive a dividend if the business is profitable (8, 5, 7)
  • the most common way of identifying/assessing the profit of a company. this can be calculated by subtracting the overheads cost, and other fixed costs from the gross profit (9, 6)
  • the splitting up of the market into groups of consumers with similar characteristics. products and services can be designed specifically for , and targeted at, a particular segment. (6, 12)
  • this occurs when social costs are greater than private costs because of negative externalities (4, 11)

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