jump to content of this page Bized logo linked to homepage
You are here: Home > Educators > Level 2 Business and Economics Education > Business Success

Educators
Bookmark and Share

Advanced

Summary

We have now looked at a number of measures of success of a business. See if you can test your knowledge of these different measures by having a go at the crossword below.

1            2
              
  9       5   
       4      
    2         
              
     3        
              
         12    
 7 4          
              
     11   5    
   6    10    8
       7      
              
       10      
8             
          9   

Clues

Across

  1. A measurement of the output per worker per period of time - not to be confused with the overall level of output! (12)
  2. Trades on the stock exchange will influence this. (5,5)
  3. and 7 down: These rise and fall depending on the amount produced. (8,4)
  4. A measure of success that takes account of the overheads of a business. (3,6)
  5. A ratio to help assess the efficiency with which a firm uses its assets (4)
  6. and 5 down: The difference between the price charged and the cost of production. (6, 6)
  7. and 3 down: The sum of the fixed and variable. (5, 4)
  8. and 8 down: Multiplying price by the amount sold gives you this. (5, 7)
  9. and 5 down: These do not depend on the amount produced. (5,4)
  10. and 11 and 12 down: The name given to the price the business has to pay to acquire the goods from a supplier or to manufacture the actual goods themselves without considering any overheads. (4,2,5)

Down

  1. One of the more obvious measures of success - without this most firms would struggle. (6)
  2. The proportion of sales accounted for by any one firm in the market. (6,5)
  3. and 7 across: The sum of the fixed and variable. (5, 4)
  4. A measure of success that looks at the difference between the cost of sales and the revenue earned from selling those products. (5,6)
  5. and 8 down: The difference between the selling price and the cost of production. (6,6)
  6. Multiply this by the amount sold to get the revenue earned. (5)
  7. and 3 across: These rise and fall depending on the amount produced. (8,4)
  8. and 5 down: The difference between the selling price and the cost of production. (6,6)
  9. and 9 across: These do not depend on the amount produced. (5,4)
  10. and 8 across: Multiplying price by the amount sold gives you this. (5, 7)
  11. and 12 and 10 across: The name given to the price the business has to pay to acquire the goods from a supplier or to manufacture the actual goods themselves without considering any overheads. (4,2,5)

If you've had a good go and you're stuck, take a look at the solution. (http://www.bized.co.uk/educators/level2/busactivity/activity/success17solution.htm)

| Index | Previous | Next |