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Ent 1 Obj 2.04

Determine Feasibility of the Venture Ideas

TermDefinition
Acquisition The process of taking possession of something.
Articulate To clearly express.
Bias An inclination to have a certain perspective in favor of or against a person, or thing; prejudice.
Business Plan A company's blueprint for success; shows how the business works now and how it is intended to work in the future ; the written business model.
Chain of Command The flow of authority within an organization; also know as line of command.
Demographics The physical and social characteristics of the population.
Feasibility Study An organized inquiry into the possible success of a business idea or venture.
Fixed Costs Business costs that are not affected by changes in sales volume; also known as fixed expenses.
Logistics The co
Created by: Alyson L.
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