IBM Chp. 9 Global Entrepreneurship & Small Business Management

A guide used to start and operate a business.

Expenses that do not changeas the level of production changes.

Difference between the costs of an item for a business & the price for which the business sells the item.

Business funds obtained by borrowing

Projecting the organization's cash inflows and outflows.

Organizing information in a useful manner

This is necessary when moving goods and services from the producer to the consumer.

Document that reports a company's assets, liabilites, and owner's equity.

All of these are advantages of owning a successful business except

The gross profit per unit equals