Answer)
Critical success factor(CFS’s): These are the elements that are important for success, which means these factors are the cause that leads to success.
Yes, CSF’s turns to challenges because CSF’s are high-level goals that are critical for the business to meet, thus being critical they become challenges.
Some examples of CSF’s are:
1)Building strong brands.
2)Increasing the customer base.
3)Increasing market share through current customers.
4)Be service-oriented when working with customers.
5)New product development.
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