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Fashion Business Crossword
Down
:
1) a strategy to offset business risks; a systematic process of managing an organization’s risk exposure to safety, environmental factors, and the law.
2) are responsible for designing, producing, and selling the goods to retailers.
3) each partner is personally liable for debts of the partnership.
5) a broad term referring to any material that can be made into fabric by any method.
6) a corporation has the right to issue stock. Prospective shareholders transfer money, property, or both, for the corporation's capital stock.
7) May be responsible for many aspects of production
10) pure risks that could exist for a large number of businesses, including those for which the probability and amount of loss is predictable.
13) industry segment that includes businesses that grow and produce the raw materials that become fashion apparel or accessories.
14) Similar to manufacturers, but do not make the clothing.
19) risks caused by human mistakes as well as by the unpredictability of customers, employees, or the work environment.
20) risks that occur when there is a possibility of a loss, but no chance to gain from the event.
Across
:
4) risks that occur when gains or losses are possible.
8) risks that can be prevented or reduced in frequency
9) risks that occur from changes in overall business conditions.
11) business profit is taxed as personal income tax at a rate less than the rate imposed on corporations.
12) risks that result from natural causes such as the weather.
15) owner takes responsibility for all assets owned. Personally liable for the company.
16) events that a fashion business cannot prevent from occurring, such as weather.
17) risks that occur when the chances of risk cannot be predicted or when the amount of loss cannot be estimated.
18) the industry segment that includes retail businesses such as stores.
21) the industry segment that includes businesses that transform the raw materials into fashion in the merchandise production phase.
22) Sole proprietorship, Partnership, corporation
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