Business Theme Crossword Puzzle

QUESTIONS LIST:

• grant: a sum of money given to a business by the government
• leasing: a contract to acquire the use of resources such as properties
• loan: an external source of finance, where you borrow an amount of money from the bank
• overdraft: when a business has a negative balance in their bank account
• liability: an obligation to pay another person
• revenue: the amount of income for a business generated by its sales
• mos: the difference between the current and planned level of output and the break-even level of output
• budget: a financial plan of income and expenditure prepared in advance
• profit: total revenue - total costs
• profitability: profit as a proportion of sales
• tax: a charge made by the government on financial activities
• capital: cash put into the business by the owner
• liquidity: the ability to pay bills in cash
• batch production: manufacture of a limited number of identical products
• cell production: manufacture by organising employees into multiskill teams for each stage of production
• flow production: manufacture of an item in a continuous process
• job production: manufacture where one product is produced at one time
• jit: ordering stock so it arrives just before previous stock arrives
• downsizing: reducing capacity e.g. redundancy
• appreciation: rise of price in one currency against another
• depreciation: fall in the value of a currency
• deflation: fall in the general price levels
• inflation: general increase in price levels
• recession: when gdp falls for 6 months