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