Vocab Project
Across
- 2. The final profit after expenses have been subtracted
- 6. When the government controls the prices and other aspects of companies
- 10. When companies sell their products at lower prices than other companies
- 13. A risk management tactic that involves avoiding the issue completely
- 14. A risk that is related to making an investment, currency changes, or policy changes
- 16. A type of financial gain
- 17. Any problem that will lead to a loss in profit
- 21. The desire for financial gain as an incentive
- 23. A situation when two or more businesses sell very similar projects
- 24. Consequences that stem from natural events, such as natural disasters
- 25. Difference between total revenue and total cost of goods
Down
- 1. Movement of assets, funds, or ownership rights from one place to another
- 3. Decreasing a company's expenses to maximize profits
- 4. The exclusive control over an industry, good, or service
- 5. The direct cost of producing a product
- 7. A risk that can be taken on and could result in either profit or gain
- 8. When a company tries to distinguish its product from others
- 9. A contest between organizations in the same industry
- 11. Risks that are beyond human control
- 12. The way different industries are classified based on their products and services
- 15. A company's ability to get and maintain customers over time
- 18. The amount spent on something
- 19. Damages caused to a company through the actions/decisions of others
- 20. Money received
- 22. When the market is shared by a small number of producers/sellers