Business Viability

Critical Mass in Business
Critical mass refers to the size or scale at which a business activity acquires self-sustaining viability.
Normal Profit
Normal profit is the minimum level of income needed for a business to remain competitive in an industry over the long term. It represents the point at which total revenue equals total cost, including explicit and implicit costs.
Sub-Marginal
In economics and business, submarginal entities are unable to maintain the minimum profit, production level, and so on to remain permanently in existence.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.