Business Theme 2 Crossword Puzzle

QUESTIONS LIST:

• objective: a goal that a business strives to achieve in order to meet its long term aims
• innovation: developing a new product or a process in the production of a product
• pestle: political, economic, social, technological, legal, environmental
• merger: 2 businesses join together and operate as one
• takeover: 1 business acquires majority shareholding of another business to gain control
• extrapolation: when the trend line is extended to forecast future sales
• payback: the length of time a project takes to recover the initial investment costs
• culture: shared attitudes, values, customs and expectation
• shareholders: people who own a share of a business and have some influence on it
• stakeholders: people who have an interest in the action of a business
• absenteeism: the number of staff who are absent as a % of the total workforce
• ethics: moral principles that determine how business decisions are made e.g. good working conditions
• ecommerce: buying and selling of good online
• inorganic growth: external growth
• organic growth: internal growth
• swot: a business model determining the strengths, weaknesses, opportunities and threats of a business within a market
• diversification: new products to a new market