These are processes,benchmarks,or components of the business that are essential for the business to be profitable and competitive in its market.

Question

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CSFs (Critical Success Factors) are integral aspects of a business that are necessary for it to succeed and stay competitive in its industry. These factors could include aspects like efficient supply chain management, strong branding, skilled employees, or financial stability. Focusing on these CSFs is crucial for achieving profitability and competitiveness within the market. IPOs (Initial Public Offerings) and ESOPs (Employee Stock Ownership Plans) are financial strategies utilized by businesses, while BRIE is not a commonly recognized acronym in the context of business essentials.

These Are Processes,benchmarks,or Components of the Business That Are Essential