B 202 EC-903 Word Scramble
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| Term | Definition |
| Alternative resource | A resource that can be used in place of another |
| Automation | A method or controlling a process in which tasks are completed by automatic means, such as technology, reducing human effort and labor |
| Baby Boomers | A term used to refer to individuals who were born between 1946 and 1964 |
| Capital goods | Manufactured or constructed items that are used to produce goods and services |
| Conserve | To slow down use of something to make its supply last longer than it would otherwise |
| Consumer goods and services | Products produced for personal consumption |
| Demographics | Information used to describe a population |
| Economic resources | The human and natural resources and capital goods used to produce goods and services; also known as factor of production |
| Employee assistance program | A project organized and sponsored by a company to help its employees |
| Entrepreneurs | People who assume the risk of starting and operating business |
| Entrepreneurship | Staring and building a business |
| Factors of production | Productive resources; and human natural resources and capital goods; also known as economic resources |
| Financial capital | Money needed to operate a business |
| Flextime | A scheduling procedure in which employees select their own working hours as long as they work their required number of hours |
| Fossil fuels | Nonrenewable, carbon based energy sources formed underground from the remains of plants and animals |
| Generation X | A term used to refer to individuals who were born between the years 1965 and 1980; also known as gen X |
| Generation Y | A term used to refer to individuals who were born between the years of 1981 and 1995; also known millennials |
| Human resources | People who work to produce goods and services |
| Inventory | Stock of goods |
| Just-in-time inventory | An Inventory method in which goods are ordered so that they arrive when they are needed rather than being stockpiled |
| Natural recourses | The people who make or provide goods and services |
| Production | The economic process or activity of producing goods and services |
| Raw materials | Items in their natural state or condition |
| Shared time | When two employees share the responsibility for one full- time position |
| Stock piling | Maintaining a large inventory |
| Technology | Scientific applications to business objectives or methods used to attain those objectives |
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