Review
Across
- 2. The worth or usefulness of a product to a consumer.
- 4. The variable expense associated with each unit of sale.
- 5. A competitor that offers similar goods or services to the same target market and satisfy the same customer needs.
- 9. Sale Price - Cost
- 10. the use of computer systems to simulate human mental processes.
- 12. A strategic tool that helps businesses make informed decisions, stay competitive, and adapt to changes in the market.
Down
- 1. All the expenses necessary to make a single unit.
- 3. An individual product or service
- 6. The study of how individuals, businesses, and societies make choices about using limited resources to satisfy their wants and needs
- 7. An expense that changes based on the amount of product or service a business sells.
- 8. A reoccurring expense that isn’t affected by the number of items a business produces.
- 11. A competitor that may not offer the same products or services as you, but compete for the same customers.