Chapter 2 Vocabulary

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Across
  1. 4. a snapshot of the environment in which a business has been operating over a given period of time
  2. 6. an evaluation of the political, economic, social, technological, legal, and environmental factors in a certain market
  3. 7. one that is specific, measurable, attainable, realistic, and timely
  4. 8. a financial plan for a fixed period of time that reflects anticipated revenue and shows how it will be allocated in the operation of the business
  5. 9. the specific activities implemented to carry out the marketing strategies
  6. 10. the company message to customers describing why the business exists
  7. 12. a written document that describes a business, how it operates, and how it makes a profit
  8. 13. identifies strengths, weaknesses, opportunities, and threats a business faces
Down
  1. 1. standards of measurement
  2. 2. a brief explanation of what the business aspires to accomplish
  3. 3. an analysis of the external factors that affect the success of a business
  4. 5. the decisions made to execute the marketing plan and meet the goals of the business action plan
  5. 9. a document that describes business and marketing goals and the strategies and tactics that will be used to achieve them
  6. 11. a list of the marketing tactics with details about how to execute each tactic