Across
- 1. The corporate strategy of expanding operations by entering new business areas, often unrelated to the core business, to spread risk and create new revenue streams
- 3. A planned course of action designed to achieve a specific objective or set of objectives, often involving allocation of resources, decisions, and long-term planning
- 5. Specific, quantifiable metrics used to evaluate the effectiveness or success of key business objectives
- 7. The rate at which the total market for a product category is growing, often integral to the BCG matrix analysis in determining the potential for market expansion
- 10. The combined or cooperative effect of different factors, leading to an outcome greater than the sum of individual efforts, often sought in strategic partnerships or mergers
- 14. A company that operates in multiple countries, often with a centralized head office where global management decisions are made
- 16. A strategic framework that considers Political, Economic, Social, Technological, Legal, and Environmental factors affecting a business or industry, helping to assess the external macro-environmental influences
- 18. An evaluation of business activities from production to delivery, aiming to identify value-creating activities and cost drivers to optimize for competitive advantage
- 19. The shared values, attitudes, standards, and beliefs existing within an organization, shaping employee behavior and decision-making
- 20. A business owned and run by a single individual, where there's no legal distinction between the owner and the business entity
Down
- 2. A business strategy aiming to be the lowest-cost producer in an industry for a particular level of product quality
- 4. A set of unique attributes, capabilities, or resources that an organization possesses and which give it an edge over its competitors
- 6. A business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives of an agreement
- 8. A concise statement that articulates the organization's purpose, products, and operations, often serving as a guide for decision-making and goal setting
- 9. A strategic business analysis tool that categorizes a company's product portfolio into four groups—Stars, Cash Cows, Question Marks, and Dogs—based on their market share and market growth rate
- 11. A company whose shares are available for purchase by the public on a stock exchange, and are therefore traded publicly
- 12. A strategic planning tool that identifies the organization's strengths, weaknesses, opportunities, and threats, which are essential for strategic decision-making
- 13. An aspirational statement that articulates the long-term or ultimate goals of an organization, portraying the future state it aims to achieve
- 15. A framework for analyzing an industry's competitiveness, including the threat of new entrants, bargaining power of buyers and suppliers, threat of substitute products, and competitive rivalry
- 17. A cooperative agreement between two or more firms, aiming to achieve synergistic benefits, often involving shared resources, technology, or market access