Type
Crossword
Description

_____ pricing is purposely selling a product below cost to attract customers. LOSSLEADER
____ demand is when a change in price does not create a change in demand. INELASTIC
____ pricing is lowering your price for a sale then returning the price to normal. Most temporary pricing. PROMOTIONAL
_____ pricing is when you determine a percentage increase to add to cost. MARKUP
_____ pricing is setting your initial price low to attract as many customers as possible. PENETRATION
10 for $10 is an example of ____ pricing. MULTIPLEUNIT
Value of money placed on good or service PRICE
_____ oriented pricing is when you determine what customers are willing to pay. Customers pay different price for the same product. DEMAND
____ discounts offer price reductions outside of the customary buying season. SEASONAL
______ = operating expenses divided by gross profit per unit BREAKEVEN
_____ demand is when a change in price creates a change in demand. ELASTIC
____ pricing is setting your price initially high when introducing the product to capitalize on demand. SKIMMING
_____ price policy is when customers can negotiate price. FLEXIBLE
____ pricing is selling several complimentary products at one price. BUNDLE
The formula for ROI is ______ divided by investment. PROFIT
____ pricing is giving the product a real high price as a sign of status. PRESTIGE
____ oriented pricing is where price has no relation to cost or demand but you just price in line with competitors. COMPETITION
ROI is always expressed as a _____. PERCENTAGE
Offering products in a category at certain prices. Low-medium-high. PRICELINING
____ discounts provide incentives to buy more. QUANTITY
____ pricing gives your product a bargain image. Customers relate to the first number more. ODD
____ pricing gives it an image of better quality. EVEN
Price helps establish competitive edge, profits, and what? IMAGE

Supply and Demand Crossword

Type
Crossword
Description

The amount of goods available. Supply
When producers offer more of a good as its price increases. law of supply
The amount that a supplier is willing and able to supply at a specific price. Quantity supplied
A cost that rices or falls depending on the quantity produced. Variable cost
A cost that does not change. fixed cost
A tax on the production or sale of a good. Excise tax
The sum of fixed costs plus variable costs. Total cost
The cost of producing one more unit of a good. marginal cost
The total cost divided by the quantity produced. Average cost
The cost of operating a facility such as a factory or a store. Operation cost
The desire to own something and the ability to pay for it. Demand
To buy more of a good when its price is lower. law of demand
when consumers react to an increase in a goods price by consuming less. Substitution effect
The change in consumption that results when a price increases causes real income to decline. income effect
A table that lists the quantity of a good a person will buy at various prices in a market. Demand schedule
A table that lists the quantity of a good all consumers in a market will buy at various prices. market demand
a graphic representation of a demand schedule. demand curve
A good that consumers demand more when their incomes increases. normal good
A good that consumers demand less of what their incomes increase. Inferior good
The statistical characteristics of population and population segments. demographics
A measure of how consumers respond to price change. Elasticity of demand
The total amount of money a company receives by selling goods or services. total revenue

Percent Applications Crossword

Type
Crossword
Description

The amount of money sold through products and services Sales
A percentage of the cost of a meal Tip
When an amount reduces Decrease
When an increase or decrease is expressed as a percent Percent of Increase
The increase in the price Markup
The percentage of sales Commission
Money received as wages or gained as profit Earnings
When the new number is greater than the original number Percent of change
The amount a customer pays for an item Selling Price
When the new number is less than the original number Percent of Decrease
The percentage of a cost Tax
When an amount gets larger Increase
The amount when the regular price is reduced Discount
The charge for the privilege of borrowing money Interest
The amount of money that an employee is paid Salary

Microeconomics Crossword

Type
Crossword
Description

A diagram used to represent the monetary transactions in an economy. Circular Flow Diagram
The market place in which final goods or services are offered for purchase by consumers, businesses and public sector. Product market
A type of business entity that's owned and run by one person. Sole proprietorship
A type of business owned or run by two owners. Partnership
A financial gain. Profit
A company or group of people authorized to act as single entity. Corporation
A state of limited competition, in which a market is shared by a small number of producers. Oligopoly
Only one market gives services Monopoly
A type of market that sells similar products. Monopolistic Competition
The part of economics concerned with single factors and the effects of individual decisions. Microeconomics
A market where a business can go and purchase resources to produce goods and services Resource Market
Buyers will exchange with sellers when they want to purchase goods or services from sellers. Medium of exchange
All else equal, an increase n price results in an increase in quantity supplied Law of Supply
All other factors being equal, as the price of a good or service increase Law of Demand
Price of good or service of which quantity supplied is equal to quantity demand Market clearing price
A measure used in economics to show the responsiveness of the quantity demanded of a good or service to change in its price Price elasticity of demand
A measure used in economics to show the responsiveness or elasticity of the quantity supplied of a good or service to a change in price. Price elasticity of Supply
A market that has a broad range of cometitors who are selling identical products Pure Competition
Something that motivates or encourages someone to do something Incentive
An excess of production Surplus

fundamentals of economics Crossword

Type
Crossword
Description

a steady long term increase in real GDP economic growth
the loss of potential gain from other alternatives when one alternative is chosen opportunity cost
goods used to produce more goods capital goods
a person who uses a good or service consumers
another name for a centrally planned govt. comand economy
there is no such thing as a free lunch TINSTAAFL
give up one benefit to gain another trade-off
the rivalry among sellers trying to achieve such goals as increasing profits competition
a general increase in prices across an economy inflation
a risk-taker in search of profits entrepreneur
a income that does not increase even when prices go up fixed income
study of how people satisfy unlimited wants through careful use of realtive scarce resource economics
physical objects that somone produces goods
the power of consumers to decide what gets producded consumer sovereignty
a financial gain profit
economic system that relies on habit traditional economy
any government system that provides monetary assistance to people with an inadequate or no income. social security
gross domestic product GDP
how much it is worth in money value
the accumulation of products that are tangible, scarce, useful, and transferable from one person to another wealth
mental/physical work or production labor
shortage scarcity
an economy in which prices and wages are determined mainly by supply and demand market economy

Economics Supply and Demand Crossword

Type
Crossword
Description

a move along a demand curve to the left contraction
the amount a customer is willing to pay for a good price
given by government to encourage more production of a good and lower price subsidy
determinant of supply weather
quantity a producer is willing and able to produce at a given price in a given period supply
this occurs when firms leave the industry supply decreases
customers become concerned about the production effects of a product on the ........... environment
this occurs as a result of improved productivity increase in supply
the amount a person is willing and able to pay for a good effective demand
government imposes an ........ ... which is then used to educate people about the dangers of the good indirect tax
price achieved in market increases (from producer's point of view) extension in supply
tastes shift towards the good concerned demand increase
mathematical relationship between price and quantity demanded inverse
determinant that increases demand when it increases income
type of good when increase in price of one good (A) causes demand for another good (B) to increase substitute
should interest rates on credit cards increase, demand for holidays ..... falls
a firm stops paying overtime leading to lowered ..... .. .......... costs of production
coffee with cream is example of these goods complementary
customers buy more of these goods when their income decreases inferior
innovation in computers - supply determinant technology

The Free Enterprise System Crossword

Type
Crossword
Description

Encourages individuals to start and operate their own businesses without government involvement. Free Enterprise System
The struggles between companies and consumers. Competition
Focuses on the sale of a product. Price Competition
Business choose to compete on the basis of factors that are not related to price Nonprice Competition
Full control of a specific market and the production method. Monopoly
Is a potential for loss or failure in relation to the potential for improved earning. Risk
Money left over after paying for the costs and the expenses. Profit
Is the amount of goods producers are willing to make and sell. Supply
Refers to consumer willingness and ability to buy products. Demand
When there is an excess of goods for the demand Surpluses
When the demand is too high and exceeds the product Shortages
When there is equal supply and for the demand. Equilibrium

Marketing Mix Crossword

Type
Crossword
Description

A promotional method that involves the creation of an identity for the business that distinguishes that firm and its products from other firms Branding
Creating a feature or characteristic within a brand that makes it stand out USP
when a percentage mark up is added to the cost of producing a good or service to calculate the selling price Costplus
involves setting a high initial price for a new product in order to recoup costs Priceskimming
involves setting a low initial price for a new product in order to get a foothold in the market and gain market share Pricepenetration
prices are set low for a short period of time to force competitors out of the market predatorypricing
based on the prices charged by competitors, maybe the same or slightly lower, firms will try to compete on other aspects of the marketing mix competitivepricing
occurs when a firm sets a price for the product in order to entice the customer into making a purchase by making it sound cheaper than it actually is psychologicalpricing
the part of the desgn mix other than cost and function aesthetics
the combination of promotional activities that a firm uses in order to create and general sales Promotional mix

MARKETING AND RETAIL VOCABULARY WORDS Crossword

Type
Crossword
Description

What it costs your store to purchase from a supplier. cost
Setting prices based on cost. Usually prices are set as a multiple of cost, such as 1.2 times the cost. Costorientedpricing
Setting prices based on what customer is willing to pay for. DemandorientedPricing
Setting prices based on competitor's prices. Setting prices lower than a competitor will generally draw more customers to your store. CompetitionorientedPricing
Method used to deliver advertising messages to the public, such as TV or radio. media
A series of questions asked to a selected group of people. survey
Person who collects money from customers in a retail establishment. Cashier
Person who replenishes shelves in a store. stocker
The exterior of a store generally facing the street including signage and windows. storefront
A period of prolonged recession. Depression
A period of rising prices Inflation
The difference between what consumers want and need and what the available resources are. Scarcity
A program that allows workers to choose their work hours. flextime
The process of selling over the telephone. Telemarketing
Tangible items of monetary value that satisfy needs and wants. goods
The revenue of your store minus all expenses over some period of time. Profit
The total amount of goods a business has. These may be in a backroom or out on the sales floor. Sometimes referred to as stock. Inventory
The number of people who will see or hear an advertisement. reach
The percentage of the loan amount that you must pay in interest each year (example 9% per year). Interest Rate
The Steps taken to collect marketing information required to make intelligent business decisions. Market Research
Payments to employees based on hours or days worked. wages
A group of similar people with the same type of product needs or wants who may potentially buy a certain good or service. Market
Opinion of customers about a particular aspect of a business, such as a customer service. CustomerSatisfaction
A list of information about a target market, such as age, income level, ethnicity, occupation, attitudes, lifestyle, and geographic residence. Customer Profile
The four basic marketing strategies, called the four Ps: product, place, price, and promotion. Marketing Mix
The projection of probable future sales in units or dollars. Sales Forecasts
Statistics that describe a population in terms of personal characteristics such as age, gender, income, marital status, ethnicity, education, and occupation. Demographics
Commercial exchange between nations that is conducted on free market principles, without tariffs, import quotas, or other restrictive regulations. free trade
The process of letting another company use a trademark, patent, special formula, company name, or some other intellectual property for a fee or royalty. Licensing
The process of selling the same product and using the same promotion methods in all countries. Globalization
A brand name, brand mark, trade name, trade character, or a combination of these elements that is given legal protection by the federal government. Trademark
The struggle between companies to attract new customers, keep existing ones, and take away customers from other companies. Competition
The sale price of a product; the assumption is that consumers will buy the product with the lowest price. Price competition

Entrepreneur Crossword Puzzle

Type
Crossword
Description

Someone who organizes, manages and takes on the risk of starting a new business. Entrepreneur
in the US, a business containing fewer than 500 employees. Small Business
The act of being an entrepreneur and creating a business. Entrepreneurship
The goals, purpose, and work a business hopes to accomplish. Business Mission
One who purchases a product or service. Customer
Work done for pay that benefits someone else. Service
Something produced or manufactured to be sold; a good. Product
Placing a number value/worth on a product. Pricing
The size, sum, or amount of countable or measurable products, expressed as a numerical value. Quantity
Someone who provides money or resources for a business, with the expectation or financial return or other gain. Investor
Money that is made/lost in a business after all costs and expenses are paid. Profit and Loss
Customers desire for a product or service. Demands

Business Management Crossword

Type
Crossword
Description

a person who is the exclusive owner of a business. they are entitled to keep all profits for themself after tax has been paid, but has unlimited liability (2 words) sole trader
the market where the initial shares of a public company are first floated (2 words) primary market
a market with a decline and a drop in share prices and demand (2 words) bear market
the name for the Hong Kong stockmarket index (2 words) hang seng
the availability of liquid assets to a market or company (1 word) liquidity
__ is the share price of a share when it is floated on the secondary market (2 words) public float
a person who sets up a business(es), taking on the financial risks in hope of profit (1 word) entrepreneur
the 4 P's of marketing include price, placement, product and ____ (1 word) Promotion
companies like McDonald's are known as ____ (1 word) franchises
you can earn an income from shares by either selling stock, or receiving ___ (plural, 1 word) dividends
a stock in a corporation which has a great reputation, is reliable and operates well (plural, 3 words) blue chip stocks
the Australian share market (abbreviated) ASX