Vocab Weeks 1-4 Crossword

4. Business ______________: External and internal factors influencing a company’s operations, like market trends and company culture.
6. Market ___________: The total revenue that could be achieved in a market, such as the growing demand for electric vehicles
11. Market ________________: The potential profitability of entering a particular market, assessed by demand and competition levels.
12. Environmental ________________: Ongoing tracking of specific factors in the business environment to anticipate changes.
14. Economic ____________: Improvements in a region’s economy that create new business opportunities, such as urbanization leading to retail growth.
15. _____________ Planning: Backup planning for unexpected events, like preparing a plan to address supply chain disruptions.
17. ____________ Plan: A detailed document outlining the goals, strategies, and operational steps for a business.
19. ________ Planning: Short-term planning focused on specific actions, such as launching a holiday advertising campaign.
20. __________ Planning conducted by managers to allocate resources, set priorities, and ensure efficient operations.

1. Business _____________: A favorable situation for business growth, like increasing demand for renewable energy.
2. _______ Planning: Long-term planning that aligns with an organization’s goals, such as developing a five-year plan to expand market share.
3. Statistical data on a population, such as age, income, and education levels, used to identify consumer preferences.
5. ___________ Statement: A concise declaration of a company’s purpose and goals, such as "To provide affordable, sustainable products globally."
7. ______________ Change: Advances in technology that can create new markets or disrupt existing ones, like AI tools in customer service.
8. A group of potential customers or businesses interested in a specific product, like the tech market for smartphones.
9. Environmental _____________: The process of analyzing external trends that could affect a business, such as regulatory changes or market demand.
10. Market ________: Subgroups within a larger market that share similar characteristics, like eco-conscious consumers in the fashion industry.
13. Market ___________: The process of gathering information about consumers’ needs and preferences to make informed business decisions.
16. Economic ____________: Shifts in economic conditions, like inflation or a recession, affecting consumer behavior and business performance.
18. _______ Market: A specific group of consumers a business aims to serve, like fitness enthusiasts for a gym equipment brand.