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