Across
- 4. Maximin
- 5. low market share in a high-growth market.
- 8. variables that do not originate from within the organisation itself and are not controllable by management
- 9. Low relative market share in a low-growth market
- 10. The firm creates a product that is perceived to be unique in the market
- 11. standard deviation divided by its expected value
Down
- 1. a measure of the variations of the outcomes from the expected value
- 2. Expected value
- 3. Takes each uncertain factor in turn, and calculates the change that would be necessary in that factor before the original decision is reversed
- 6. the key environmental factors are identified and the firm then considers how these might change in the future
- 7. Maximax
