2.05B/C vocab
Across
- 4. the risk of harm caused by human mistakes, dishonesty, or another risk that is
- 5. A risk-response strategy that involves moving the impact of a risk to someone or
- 6. else
- 7. An illegal activity in which a business charges different customers
- 8. a risk that presents the chance of loss but no opportunity for gain
- 10. to people
- 14. between or among businesses that offer dissimilar goods or services
- 15. no substitute goods or services readily available
- 17. loss
- 19. A type of market structure in which a market is controlled by one supplier, and there
- 21. A return of part of the price a customer pays for a good or service; usually offered by
- 23. risk-response strategy that involves trying to reduce the chance of loss or severity
- 24. A type of rivalry between or among businesses that involves factors
Down
- 1. than price
- 2. A market structure in which there are many businesses selling a lot of
- 3. A type of rivalry between or among businesses that focuses on the use of
- 9. A federal regulation intended to prevent specific business actions that might restrict competition
- 11. determine prices
- 12. The rivalry between two or more businesses to attract scarce customer dollars
- 13. prices for similar amounts and types of products
- 16. products for about the same price to many buyers
- 18. to attract scarce customer dollars
- 20. A market structure in which there are relatively few sellers, and industry leaders
- 22. product’s manufacturer