Risk Management
The threat of a loss to your business without any possible gain
What is a pure risk?
OSHA (Occupational Safe and Health Administration) helps_______
What is ensure safe, healthful working conditions for employees?
The primary physical layout is how customers flow through the business
What is retail operation?
Trade Area is ......
What is region or section of community from which you can expect to draw your customers?
Copyright is...
What is protects original works of authors, artists, or musicians
If Tyreke broke and enter a store to steal 10 soda bottles and 15 boxes of cupcakes, what type of crime is he committing?
What is Burglary?
laws that protect against discrimination in hiring
What is Equal Employment Oppurtunity Commission?
The starting point in planning a layout
What is defining the objectives of the facility?
If Ms.Richards is starting a retail business, what does she need to consider about the character of the area?
What is attraction, appearance of success, safety, and thriving enviroment?
A patent last...
What is 21 years?
When the risk is pass onto an insurance company
What is risk transfer?
If Femi sold a pair of sneakers to a black person at low cost than a white person at high cost then that is______
What is price discrimination?
Capital consist of...
What is equipment, factories, and tools?
_________ are located almost anywhere.
What is an E-commerce?
Protects the brand
What is Trademark?
Andrew is the owner of Drew's Shoes Store, and he dies unexpectedly after being trampled on the basketball court. Now, the insurance company has to pay value of the policy.
What is Life Insurance?
Protect young workers
What are Child Labor Laws?
Czari's Crown is what type of operation
What is a service operation?
- Lower taxes
- Cheaper land
-Employee training programs
These are_____.
What are Financial incentives?
Can be used free of charge
What is Public Domain?
Things that help when a risk cannot be avoided
What is Risk Reduction?
establishes overtime pay, minimum wage, child labor standards, and recordkeeping
What is the Fair Labor Standards Act of 1938?
A floor plan or map that show how you intend to use the space in your site to conduct a business
What is a layout?
If you are doing a service or wholesale business, you need to avoid _____.
What are expensive, high-profile locations?
If Alexxis wants run a business he needs a _______ to start one.
What is a permit?