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EN038 FESABILITY 1
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A
B
Acquisition
The process of taking possession of something (e.g., acquiring another business by purchasing it)
Bias
Prejudice, partiality
Chain of command
The flow of authority within an organization; also called line of command
Fixed costs
Business costs that are not affected by changes in sales volume
Demographics
The physical and social characteristics of the population
Feasibility study
An organized inquiry into the possible success of a business idea or venture
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
Logistics
The coordination of how a venture will come to life (e.g., work space, materials, technology, etc.)
Articulate
Clearly expressed
Rene Rector
NC
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