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Ent 1 Obj 2.04

Feasibility

TermDefinition
1.Bias An inclination to have a certain perspective in favor of a against a person,group of people,or thing;prejudice
2.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
3.Chain Of Command The flow of authority within an organization;also known as line of command
4. Demographics The physical and social characteristics of the population
5.Feasibility Study An organized inquiry into the possible success of a business idea or venture
6.Fixed Costs Business costs that are not affected by changes in sales volume;also known as fixed expenses
7.Logistics The coordination of how a venture will come to life(Workplace,Materials,Technology,Etc.)
8.Market Analysis A systematic study of a specific market
9.Merger Two individual businesses that combine to form one organization
10.Operating Expenses All of the expenses involved in running a business that are not directly related to production
11.Production Costs Expenses directly associated with the creation of products(e.g.,Raw Materials
12.Revenue Income
13.Startup Costs All of the expenses involved in setting up a new business or introducing a new product to the market
14.Unfeasible Difficult,Impractical,or Impossible
15.Variable Costs Business costs that change according to changes in sales volume;also known as variable expenses
Created by: user-2014872
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