SPENT Unit 2

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Across
  1. 2. Insurance purchased to cover possible losses
  2. 4. Involves the consumer or another company bearing the risk
  3. 7. Ensures that the product or service is available where the consumer wants it
  4. 11. Study of the economics of the entire society
  5. 14. Means the company will absorb possible losses from unpredicted low attendance or bad weather
  6. 17. Using resources in ways that result in the greatest profit
  7. 18. Risks associated with people like shoplifting or employee dishonesty
  8. 19. Accomplishing tasks most effectively and arranging resources to complete all necessary work
  9. 20. Loss that can be prevented
  10. 21. Weather conditions; storms, hurricanes, floods, droughts, ice storms, etc.
Down
  1. 1. Avoiding risky situations by planning for them in advance
  2. 3. Physical characteristics of a product or service are improved to meet consumer needs
  3. 5. Study of the relationships between individual consumers and producers
  4. 6. Result of making the product or service available when the consumer wants it
  5. 8. Carrying out plans and making sure that adequate personnel are available to accomplish tasks
  6. 9. Analyzing information and deciding what needs to be done
  7. 10. Making the product or service available at an affordable price
  8. 12. Evaluating results to determine if objectives have been accomplished
  9. 13. Money a business receives from the sale of goods and services after all expenses are paid
  10. 15. Study of how goods and services are produced, distributed, and consumed
  11. 16. Possibility of loss associated with personal injury, economic conditions, weather conditions, and other hazards