Homework answers / question archive /   A Business plan serves what purposes? What is the "business environment"? What is "competition"? What are customers? What is location? What is objective? Who are the owners? What Special Organization Components? Who are suppliers? What are the indirect, uncontrollable variables that help define the environment in which a business must function? What are the three basic business models used today? What are the four factors that affect the competitive environment and, to some degree, all of the competitive groups? The resources a business has that it uses to achieve its objective (money and short-term investments)

  A Business plan serves what purposes? What is the "business environment"? What is "competition"? What are customers? What is location? What is objective? Who are the owners? What Special Organization Components? Who are suppliers? What are the indirect, uncontrollable variables that help define the environment in which a business must function? What are the three basic business models used today? What are the four factors that affect the competitive environment and, to some degree, all of the competitive groups? The resources a business has that it uses to achieve its objective (money and short-term investments)

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1. A Business plan serves what purposes?
2. What is the "business environment"?
3. What is "competition"?
4. What are customers?
5. What is location?
6. What is objective?
7. Who are the owners?
8. What Special Organization Components?
9. Who are suppliers?
10. What are the indirect, uncontrollable variables that help define the environment in which a business must function?
11. What are the three basic business models used today?
12. What are the four factors that affect the competitive environment and, to some degree, all of the competitive groups?
13. The resources a business has that it uses to achieve its objective (money and short-term investments).
14. Assets of a more permanent nature that are used in the business (warehouses, vehicles, and prepaid expenses like insurance)
15. These are all debts that the business owes (accounts payable [current bills], long-term debt).
16. This is the difference between assets and liabilities, sometimes called net worth, the owner's interest in the company.
17. Costs that do not vary within a range of capacity.
18. Cost that vary with the production or units of work (if I were selling quarts of olive oil, the variable cost would be what I at the supplier for the oil).
19. The mix of cost for a company between fixed and variable (an airline has high fixed costs and high variable cost, a consulting firm has low fixed and high variable cost).
20. The difference between the revenue and the variable cost per unit applied to pay fixed cost or when they are paid off; equals profit per unit.
21. The number of units that must be sold so that the contribution margin pays all of the fixed costs and profits can begin.