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The Lemonade War-Week 1 Vocabulary Flashcards | StudBud
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The Lemonade War-Week 1 Vocabulary
The Lemonade War-Week 1 Vocabulary
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StudBud Administration
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242 plays
Economy Vocabulary words from the chapter book, "The Lemonade War."
Flashcards
14 cards
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Questions
14
Answers
1
Referring to expanding one's market beyond the area is called...
location
competition
global
underselling
2
The act of purposely destroying the property of someone else's business is called...
negotiation
malicious mischief
total loss
global
3
goods so damaged that there's no point in repairing them
competition
slump
global
total loss
4
two or more people putting their money, skills, and resources together to run a business
competition
breakup
joint venture
partnership
5
a large company separating into several smaller companies
partnership
slump
breakup
joint venture
6
Pricing the same goods for less than the competition is called...
competition
global
slump
underselling
7
the act of bringing together after a difference
negotiation
reconciliation
competition
location
8
A position of a piece of real estate is called...
global
location
underselling
breakup
9
a drop in the activity of a business
partnership
slump
breakup
competition
10
a delay between taking an action and seeing the results of that action
joint venture
underselling
total loss
waiting period
11
special methods taken when a business is in danger of failing
partnership
negotiation
crisis management
malicious mischief
12
a contest in the marketplace for a profit
competition
breakup
joint venture
slump
13
two or more people joining forces to sell goods
partnership
slump
joint venture
breakup
14
A method of bargaining so that you can reach an agreement is called...
malicious mischief
global
total loss
negotiation
