Clearly expressed.

Prejudice, partiality.

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.

The flow of authority within an organization; also called line of command.

The physical and social characteristics of the population.

An organized inquiry into the possible success of a business idea or venture.

Business costs that are not affected by changes in sales volume.

The coordination of how a venture will come to life (e.g., work space, materials, technology, etc.).

A systematic study of the market.

Two individual businesses that combine to form one organization.

All of the expenses involved in running a business.

A graphical representation of the flow of authority within an organization.

A financial breakdown that allows owners/managers to determine when a business venture will break even or start turning a profit.

Income.

All of the expenses involved in setting up a new business or introducing a new product to the market.

Difficult, impossible.

Business costs that change according to changes in sales volume.