Across
- 3. Happens when business activities suffer due to changes in the US/world economy.
- 5. A risk that an insurance company will not cover.
- 7. Situations that cannot be avoided, but can be minimized by purchasing insurance or creating a risk management plan.
- 9. Possibility of a loss, damage, or injury.
- 10. The potential that the target market for new goods or services is much less than originally projected.
- 11. A risk caused by nature.
- 12. A risk that can result in either financial gain or financial loss.
Down
- 1. Situations that cannot be predicted or covered by purchasing insurance.
- 2. A negative situation caused by the actions of people.
- 4. A risk with a possibility of loss, but no possibility of gain.
- 6. Process of evaluating risk and finding ways to minimize or manage loss.
- 8. A financial service used to protect against loss.
