Across
- 4. a design for a company or organization in order to reach its long-term goals through planning organizing, execution and controlling of activities
- 5. distinguishes the organization’s product or service from competitors because of certain unique characteristics
- 6. the amount of power a company has in the market in relation to their competitors
- 8. rivalry between two or more companies within the same industry
- 11. occurs when a company operates in a more efficient manner than its competitors, which causes their sales to increase above other businesses
- 12. positive, internal factors that can be controlled within a business
- 14. pertains to how much power a supplier has as far as increasing the prices of supplies and merchandise a company purchases from them
- 17. negative, internal factors that a company can control
- 18. helps companies to analyze their industry and determine their level of competitiveness
Down
- 1. a specific group of consumers to whom a company aims the selling of its products or services
- 2. items (materials) used in the production of a good
- 3. determines the ability and likelihood of customers finding another way to either make or provide the services or products a company offers
- 7. pertains to how much power customers have as far as driving down the prices of products and services
- 9. negative or unfavorable external factors that affect businesses and their level of competitiveness
- 10. stands for strengths, weaknesses, opportunities and threats; a useful tool in helping a company determine where they stand compared to their competition
- 13. the percentage of a firm’s total sales in relation to the industry as a whole
- 15. making links and establishing a mutually beneficial relationship with other business people
- 16. a favorable, external factor companies cannot control