The Lemonade War - Vocabulary Assessment

People joining forces to sell a certain amount of goods or to work on a single project.

• partnership

• joint venture

• going global

• waiting period

Rivalry in the marketplace

• going global

• partnership

• total loss

• competition

A drop in the activity of a business or the economy

• total loss

• slump

• negotiation

• break-up

Pricing the same goods for less than the competition

• underselling

• competition

• location

• break-up

Dissolution of a unit or a group of organizations

• slump

• partnership

• break-up

• competition

The act of purposely destroying the property of someone else's business.

• malicious mischief

• competition

• negotiation

• crisis management

Special or extraordinary methods and procedures used when a business is in danger of failing

• global

• crisis management

• total loss

• competition

People pooling their money, skills, and resources to run a business, agreeing to share the profits and losses of that business

• reconciliation

• negotiation

• underselling

• partnership

Real estate term that refers to the position of a piece of real estate as it relates to the value of that real estate

• slump

• malicious mischief

• location

• reconciliation

A method of bargaining so that you can reach an agreement

• negotiation

• crisis management

• total loss

• competition