By Bradford Angier; Lamar Underwood
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The break-even point in units equals total fixed cost divided by unit price less unit variable cost. Few new businesses reach the break-even point in their first year in operation. See also: Fixed Cost, Loss, Profit, Variable Cost Bricks and Clicks An integration of both online and traditional business models. A “bricks and clicks” business uses both a traditional business model and an Internet model and thus has dual channels of distribution and customer experiences, faceto-face and e-commerce.
Some of the old guard had difficulty adjusting to the change the young CEO brought to the company with his new ideas and philosophies. See also: Change Management, Organizations, Strategy, Uncertainty Change Management The practice of reinventing, steering, or reengineering a company in a new strategic direction and keeping all involved people and projects aligned with the new goals as the organization, jobs, technology, and processes are uprooted. The program director understood part of her job was the change management that would help her staff stay current.
See also: Mission, Purpose, Stakeholders, Strategy, Values, Vision Business Plan A document that provides the objectives of a business and the steps necessary to achieve those objectives. Provides focus and direction to move a firm from today’s realities to a future vision along a path that includes operations, marketing, sales, control systems, management philosophy, and growth plan. Part of writing an effective business plan is understanding why a company’s customers make the decisions they do.
Basic wilderness survival skills : build shelters, safety and first aid, fire building, forage, hunt, and fish, and much more by Bradford Angier; Lamar Underwood