2.04 Vocabulary

12345678910111213141516171819
Across
  1. 3. The physical and social characteristics of the population
  2. 5. An organized inquiry into the possible success of a business idea or venture
  3. 8. Two individual businesses that combine to form one organization
  4. 10. The process of taking possession of something (e.g., acquiring another business by purchasing it)
  5. 12. A systematic study of a specific market
  6. 13. To clearly express
  7. 14. Business costs that change according to changes in sales volume; also known as variable expenses
  8. 18. All of the expenses involved in running a business that are not directly related to production
  9. 19. 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
Down
  1. 1. Expenses directly associated with the creation of products (e.g., raw materials)
  2. 2. Business costs that are not affected by changes in sales volume; also known as fixed expenses
  3. 4. A financial breakdown that allows owners/managers to determine when a business venture will break even or start turning a profit
  4. 6. Income
  5. 7. An inclination to have a certain perspective in favor of or against a person, group of people, or thing; prejudice
  6. 9. Difficult, impractical, or impossible
  7. 11. The flow of authority within an organization; also known as line of command
  8. 15. The coordination of how a venture will come to life (workplace, materials, technology, etc.)
  9. 16. A graphical representation of the flow of authority within an organization
  10. 17. All of the expenses involved in setting up a new business or introducing a new product to the market