Critical Issues in Business Success/Failure

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Across
  1. 4. – A strategy of being the lowest-cost producer in the market.
  2. 5. – The evaluation of historical data to predict future performance and market shifts.
  3. 9. – A scalable way of storing and accessing data online.
  4. 10. – The collaboration among employees to achieve common business goals.
  5. 11. – This section of a business plan includes profit forecasts, funding needs, and break-even analysis.
  6. 12. – The process of identifying the target market and understanding customer needs.
  7. 13. – The practice of balancing borrowed capital with cash flow to avoid financial distress.
  8. 16. – Tools, systems, and applications that improve business efficiency.
  9. 18. – An increase in prices that can erode purchasing power and raise operational costs.
  10. 21. – The organization and coordination of business activities, including staffing and teamwork.
  11. 24. – Reflects how optimistic people are about their financial situation and the economy.
  12. 25. – Ensuring that employees are engaged and productive.
  13. 27. Planning – Ensuring sufficient liquidity to cover daily business operations.
Down
  1. 1. – A factor that affects consumer spending and business profitability.
  2. 2. – Unique factors that allow a business to outperform its rivals.
  3. 3. – Strategies for promoting products or services to customers.
  4. 6. – Continuously improving or creating new products to stay ahead of the competition.
  5. 7. – Expanding at a sustainable rate to avoid resource strain and financial issues.
  6. 8. – The cost of borrowing money, which affects business loans and capital.
  7. 13. – Offering unique products or services that stand out from competitors.
  8. 14. – The section of a business plan that provides a snapshot of the business and its objectives.
  9. 15. – The state of the economy, including interest rates, inflation, and consumer confidence.
  10. 17. – A section of a business plan that details daily operations and logistics.
  11. 19. – The process of hiring the right people with appropriate skills.
  12. 20. – Stretching financial and operational resources too thin, leading to potential failure.
  13. 22. – A comprehensive document outlining a company’s goals, strategies, and financial projections.
  14. 23. – The practice of selling products or services through online platforms.
  15. 26. – The use of technology to reduce human labor and increase productivity.