Aims of the private sector Flashcards
(7 cards)
1
Q
Profit maximisation
A
To make us much profit as possible
2
Q
Achieving Quality
A
To provide the highest standard of product/service
3
Q
Survival
A
To continue to exist from one year to the next
4
Q
customer satisfaction
A
To ensure your customers are happy with their purchase
5
Q
Increase market share
A
To gain more customers reliative to your competitors
6
Q
social responsibility
A
to act in a responsible way towards the environment, your community and wider soceity
7
Q
Innovation
A
to create new and unique ideas
