Across
- 2. A market where one business has control over most or all of the supply of a product or service.
- 4. a person or group that uses goods, product for personal use.
- 6. a person who purchases goods from another patron
- 7. the process of designing, launching, and running a new business or venture.
- 11. the prices of such a company earns profit and retains a share of the economic value it creates for customers
- 12. company or activity that sells goods or services to make money.
- 14. Something that makes it difficult for a new business to enter a market.
- 15. Market share is the percentage of total sales or revenue a company has in an industry
- 16. a strategic tool that companies use to find outside forces that can affect their market, growth, or daily work
- 17. All the outside factors that can affect a business, such as customers, competitors, laws, and the economy.
- 19. A statement describing what a business hopes to achieve or become in the future.
- 20. a person,group or business that gives goods services or property for money
- 21. Making a product or service different from competitors in a way customers value.
- 22. to have a desire ti get something or to lack required items
- 24. a unique strength or trait that helps a business do better than its rivals
Down
- 1. The main beliefs and principles that guide how a business operates.
- 3. The special skills or abilities that a business does especially well.
- 5. a place sellers and buyers come together to trade goods and services
- 8. a person who pays for an item or service
- 9. the prices of turning ideas into services that are worth more then they cost to make
- 10. the process of securing a portion of the financial gain or benefit an organization or government creates in the marketplace
- 13. turning a new idea into a practical reality that adds value
- 15. A statement explaining what a business does, who it serves, and its main purpose.
- 18. the most basic version of a new product that has just enough core features to be usable by early customers
- 20. A business that aims to make money while also solving a social or environmental problem.
- 23. something you must have to live
