Evaluating the Competition

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Across
  1. 4. a design for a company or organization in order to reach its long-term goals through planning organizing, execution and controlling of activities
  2. 5. distinguishes the organization’s product or service from competitors because of certain unique characteristics
  3. 6. the amount of power a company has in the market in relation to their competitors
  4. 8. rivalry between two or more companies within the same industry
  5. 11. occurs when a company operates in a more efficient manner than its competitors, which causes their sales to increase above other businesses
  6. 12. positive, internal factors that can be controlled within a business
  7. 14. pertains to how much power a supplier has as far as increasing the prices of supplies and merchandise a company purchases from them
  8. 17. negative, internal factors that a company can control
  9. 18. helps companies to analyze their industry and determine their level of competitiveness
Down
  1. 1. a specific group of consumers to whom a company aims the selling of its products or services
  2. 2. items (materials) used in the production of a good
  3. 3. determines the ability and likelihood of customers finding another way to either make or provide the services or products a company offers
  4. 7. pertains to how much power customers have as far as driving down the prices of products and services
  5. 9. negative or unfavorable external factors that affect businesses and their level of competitiveness
  6. 10. stands for strengths, weaknesses, opportunities and threats; a useful tool in helping a company determine where they stand compared to their competition
  7. 13. the percentage of a firm’s total sales in relation to the industry as a whole
  8. 15. making links and establishing a mutually beneficial relationship with other business people
  9. 16. a favorable, external factor companies cannot control