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Java Games: Flashcards, matching, concentration, and word search. |
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| A | B |
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| risk | chance of loss |
| profit | reason to take risk |
| classifications of risk | human economic capital |
| economic | changes in the market |
| competitors | example of economic risk |
| natural | wind storm |
| human | someone getting hurt |
| incompetence shoplifting | example of human risk |
| categories of risk | pure or speculative |
| pure | loss or no loss |
| speculative | loss no loss or gain |
| interest rate increase | insurance cannot cover |
| robbery | pure risk example |
| transferrable | property damage risk is this |
| prevent | well trained employees |
| retain | if risk is small may do this |
| transfer | shift risk |
| avoid | not having it in a location at all |
| bonding or contracts | example of transferring risk |
| credit screening | prevention measure |
| transportation insurance | protection from lost shipments |
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Marketing Educator/DECA Advisor |
Frankfort High School |
| Frankfort, IN |
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