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Java Games: Flashcards, matching, concentration, and word search. |
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EC-003 (Lose, Win, or Draw) Business Risk 1
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| Bilk | Cheat, swindle, defraud |
| Business risk: | The possibility of loss (failure) or gain (success) inherent in conducting business |
| Competition | The rivalry between two or more businesses to attract scarce customer dollars |
| Contract | Agreement between two or more businesses or individuals stating that one party is to do something in return for something provided by the other party |
| Corporation | A form of business ownership that is owned by stockholders who have purchased units or shares of the company |
| Demand | The quantity of a good or service that buyers are ready to buy at a given price at a particular time |
| Demographics | The physical and social characteristics of the population |
| External risks | Financial risks that a business cannot control, such as inflation and interest rate fluctuations |
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Business Marketing Teacher, Career Technical Education |
CENTRAL CABARRUS HIGH SCHOOL |
| Concord, NC |
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