3.2 - Business objectives Flashcards by Timur Boranbayev | Brainscape

Q

What are the 4 business objectives

A

Profit maximisation
Revenue maximisation
Sales maximisation
Profit satisfying

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Q

Formula of profit maximisation

A

MC = MR

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Q

Formula of revenue maximisation

A

MR = 0

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Q

Formula of sales maximisation

A

AC = AR

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