Vocab Project

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

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