Across
- 2. Conditions: Refers to macroeconomic factors like inflation, interest rates, and unemployment, which impact the viability of a business (17 letters).
- 4. Plan: A strategic document that outlines the business's objectives, financial projections, and operational strategies (12 letters).
- 7. The ability of a business to maintain and continually strengthen its competitive advantage in the marketplace (10 letters).
- 9. Innovations that businesses use to increase efficiency, improve product offerings, or reduce costs, crucial in the digital age (10 letters).
Down
- 1. Advantage: The unique benefit or set of benefits that a company has over its competitors, such as price, quality, or service (19 letters).
- 3. Occurs when a business expands too quickly or takes on too much financial risk, leading to strain on resources (14 letters).
- 5. and Teams: Involves recruiting, training, and managing employees, ensuring effective teamwork for productivity (17 letters).
- 6. Failure: The result of poor management, lack of planning, or external factors that prevent a business from remaining profitable (14 letters).
- 8. Analysis: The process of examining past data to predict future patterns and inform decision-making (13 letters).