| Hint | Answer |
|---|
| The right to command and make decisions | |
| A market for shares in PLCs | |
| The number of people a person is directly responsible for in a business | |
| Trade in services | |
| Training that takes place away from the work area | |
| Measures designed to restrict trade | |
| Production involving the conversion of raw materials into finished and semi-finished goods | |
| An employee's take home pay, after deductions such as income tax and pension contributions | |
| The different methods by which information can be sent | |
| A document used by a job seeker which lists personal details, qualifications, work experience, referees and other details | |
| The difference between visible exports and visible imports | |
| Where the business has a separate legal identity from that of its owners | |
| A physical limit on the quantity of imports allowed into a country | |
| Goods and services bought from overseas | |
| Non-physical products | |
| Trade between nations that is completely without government restrictions | |
| Specialisation in specific tasks or skills by an individual | |
| A business owned by between 2 and 20 people | |
| A payment based on the value of sales, usually a percentage of sales made | |
| Favouring one person over another on the grounds of race, gender, age or disability | |
| The use of non-approved channels when communicating | |
| Where workers are given a share of the profits, usually as part of their pay | |
| Communication between the business and those outside such as customers, investors or the authorities | |
| Goods and services produced by one business for another | |
| A brief summary of a firm's aims and objectives | |
| Measures used by the government to attract businesses to 'deprived' areas | |
| The production of services in the economy | |
| The sending and receiving of messages | |
| The decline in manufacuring | |
| The stock of manmade resources, such as machines and tools, used to help make goods and services | |
| Where two or more companies share the cost, responsibility and profits from a business venture | |
| A payment system where workers receive an amount of money for each unit produced | |
| A rate of pay above the normal rate to compensate employees for working extra hours | |
| Where a business allows another operator to trade under their name | |
| Production methods that make more use of labour relative to machinery | |
| The price of borrowed money | |
| The transformation of resources into goods and services | |
| A payment system designed for non-manual workers where pay increases are given if performance targets are met | |
| A section in a business where all employees have similar skills and specialise in particular activities | |
| Areas of land, usually on the outskirts of towns and cities, where businesses develop for the first time | |
| The basic needs of humans for their survival | |
| The idea that people should satisfy their basic needs and enjoy improved living standards without compromising the quality of life of future generations | |
| Trade in physical goods | |
| Production involving the extraction of raw materials from the earth | |
| Pay, usually to non-manual workers, expressed as a yearly figure but paid monthly | |
| Obstacles that make it difficult for new firms to enter a market | |
| According to Herzberg, things at work that result in satisfaction | |
| Allowing workers to change jobs from time to time | |
| Business organisations owned by individuals or groups of individuals | |
| Areas that are designated by the UK or EU as having economic problems and are eligible for support | |
| A court which deals with cases involving disputes between employers and employees | |
| Appointing workers from inside the business | |
| A business organisation which has a separate legal identity from that of its owners | |
| An organisation which provides goods and services | |
| Making workers' jobs more challenging by giving them opportunities to be creative and take on responsibility | |
| A written agreement between an employer and an employee in which each has certain obligations | |
| A partnership where all partners have limited liability | |
| The pleasure, enjoyment or sense of achievement that employees get from their work | |
| Where a multinational returns the profits from an overseas venture to the country where it is based | |
| Things that get in the way of communication | |
| Goods and services sold to ordinary people rather than businesses | |
| The need of humans to communicate, develop friendships and belong | |
