Business Studies RevisionOnline version Name the concept after reading the definition. by Facu Genssler A B C D E F G H I J L M N O P Q R S T U V W X Y Z Starts with A The difference between the selling price of a product and the cost of bought-in materials and components. Starts with B They combine factors of production to make products that satisfy people's wants. Starts with C The money invested into a business bby the owner. Contains D Any person or group with a direct interest in the performance of a business. Starts with E Person who organises, operates and takes the risk for a new business venture. Starts with F Business based upon the use of brand names, using the license to operate from the franchisor. Contains G Payment for work, usually weekly. Contains H Owners of a limited company. Contains I The next best alternative given up by choosing another item. Starts with J Two or more businesses start a new project, sharing capital and risks. Starts with L Number of people available to make products. Starts with M When the owner of two businesses agree to join together. Starts with N Good or service essential for a living Contains O An aim or target to work towards Starts with P Sector that uses natural resources to produce raw materials. Starts with Q Set of questions to be answered as means of collecting data. Contains R Total income less the costs. Starts with S When a business concentrates on what they're best at. Starts with T When one business buys out the owners of another business. Contains U Additional payment above basic pay Contains V Reason why employees want to work Starts with W Good or service that people would like to have, but it's not essential Contains X When a business takes over/merges with another business. Contains Y Payment for work, monthly. Starts with Z Last namme of a well known American entrepreneur
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