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EN038 FESABILITY 1

AB
AcquisitionThe process of taking possession of something (e.g., acquiring another business by purchasing it)
BiasPrejudice, partiality
Chain of commandThe flow of authority within an organization; also called line of command
Fixed costsBusiness costs that are not affected by changes in sales volume
DemographicsThe physical and social characteristics of the population
Feasibility studyAn organized inquiry into the possible success of a business idea or venture
Business planA 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
LogisticsThe coordination of how a venture will come to life (e.g., work space, materials, technology, etc.)
ArticulateClearly expressed


Business Marketing Teacher, Career Technical Education
CENTRAL CABARRUS HIGH SCHOOL
Concord, NC

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