People in Business
This department hires employees, manages contracts, and supports staff. 2 words, starts with H
Human Resources
Starting work without being told. Starts with I
Initiative
All the products a business has ready to sell. Starts with I
Inventory
The group of customers a business wants to sell to. T____ M____
Target Market
Something that can be physically touched. Starts with T
Tangible
Building professional relationships that may help your career or business. Starts with N
Networking
Making decisions using facts and logic instead of emotions. Starts with R
Rational
A prediction about future sales or demand. Starts with F
Forecast
A plan for reaching a goal, or a plan to win something. Starts with S
Strategy
Able to continue without harming the environment. Starts with S
Sustainable
Able to operate without outside help. 2 words, S___- S________
Self- sufficient
What you give up when making a choice. 2 words, O______ C___
Opportunity Cost
To study information carefully before making a decision. Starts with A
Analyze
An advantage over rival businesses. C______ E___
Competitive Edge
The size, limits, and details of a project. Starts with S
Scope
Resources that are limited in supply. 2 words, S____ R_______
Scarce Resources
Land, labour, capital and enterprise together are called these. 3 words, F_____ __ P_________
Factors of production
Constantly changing and energetic. Starts with D
Dynamic
Easily harmed by competition or economic problems, there is potential for harm or danger. Starts with V
Vulnerable
Relying heavily on someone or something else. Starts with D
Dependent / Dependence
The ability to recover quickly after setbacks. Starts with R
Resilience
Depending on only one thing and nothing else. Starts with S
Solely
Disrupt
Strong proof that something true or successful. Starts with T
Testament
Facts that prove something is true. Starts with E
Evidence