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Ent 1 Obj 2.04
Feasibility
| Question | Answer |
|---|---|
| Acquisition | the process of taking possession of something acquiring another business by purchasing it |
| articulate | to clearly express |
| bias | an inclination to have a certain perspective in favor of a against a person group of people or something prejudice |
| business plane | a company blueprint for success show how the business work 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 ocial charateristics of the poulaion |
| feasibility study | an organized inquiry into the possiblr success of a business idea or venture |
| fixed costs | budiness cost that are not affected by changes in sales volume also known as fixed expenses |
| logistics | the coordination of how a venture will come to life workplace marerials technology |
| market analysis | a systematic study of a specific market |
| merger | two individual businesses that combine to from one organization |
| operating expenses | all of the expenses involved in running a business that are not directly related to production |
| organizational chat | a graphical representation of the flow of authority within an organization |
| production costs | expenses directly associated with the creation of products raw materials |
| profitability analysis | a financial breakdown hat allows owners mangers to determine when a business venture will break even or start turning a profit |
| revenue | income |
| startup costs | all of the expenses involved in setting up a new business of introducing a new product to the market |
| unfeasible | difficult impractical or impossible |
| variable cost | business cots that change according to changes in sales volume also known as variable expenses |