Unit 1 Definitions 4.5 / 5 based on 5 ratings ? Business StudiesDefinitionsASAQA Created by: hollyCreated on: 12-12-13 15:05 8931025167 Across 1. The process by which new businesses are formed in order to offer products and services in a market (10) 2. A one-person business with unlimited liability for the debts of that business (4, 6) 6. The resources that go into producing goods and services (6) 7. A word, symbol, or phrase, used to identify a particular company's product and differentiate it from other companies' product (9) 10. The rewards to enterprise e.g. profit, satisfaction (6) Down 2. A business that provides goods and services to other firms (8) 3. The percentage growth in the size of the market, measured over a specific period (6, 6) 5. The amount of a product or servce that customers are willing and able to pay at a given time (6) 8. The process of planning, collecting, and analysing data relevant to help make marketing decisions (6, 8) 9. The income or sales that a business achieves in a period. Calculated by multiplying selling price per unit x units sold (7)
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