Theme 3 Recap

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Across
  1. 2. Acronym describing effective business goals: Specific, Measurable, Achievable, Relevant, and Time-bound.
  2. 7. The relationships and networks between a business and its employees, suppliers, and customers.
  3. 8. Unique strengths that provide a business with a competitive advantage.
  4. 9. Portfolio analysis model that classifies products as Stars, Cash Cows, Question Marks, or Dogs.
Down
  1. 1. Strategic tool that helps businesses choose between market penetration, product development, market development, and diversification.
  2. 3. Generic strategy framework involving cost leadership, differentiation, and focus.
  3. 4. The successful introduction of a new idea, product, process, or method.
  4. 5. A specific target a business aims to achieve.
  5. 6. A brief declaration explaining a firm's purpose and overall direction.