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