The Clipper Ship Strategy Definitions Ch 4-8
Across
- 4. An increase in the amount of money. Causes the money to lose value so prices rise.
- 5. Find out where there is a pile of money, tap into it, don't expect it to last and always be searching for new piles.
- 6. Sales and productions.
- 7. Support for the line function includes accounting, finance, legal, personnel, administration, etc.
- 8. The most free-market of all the economic viewpoints today.
- 9. An area where sales are slack and incomes low. An area of depressed economic activity.
- 11. Generally refers to costs that are not directly attributable to the product and are not easily cut back.
- 12. Runaway inflation.
- 14. An area where money is flowing in large quantities and firms are placing plant and equipment to tap into these flows.
- 15. Where raw materials are bought and sold.
- 16. Money given to a person or organization who did not earn it.
Down
- 1. The Chicago school of economics, focuses on increases in money supply causing rising prices.
- 2. Parts of a firm that create the goods or services.
- 3. The economic philosophy that is the middle road between socialism and capitalism. Inflationist.
- 10. The activity of trading a firm's goods and services for money.
- 13. The highly complex interrelationships among people.