Business aims and objectives Flashcards
(5 cards)
1
Q
What is a key business objective related to endurance
A
Survival continuing long term not just short term profits
2
Q
What does the profit objective focus on
A
Maximising their profits to maximise financial performance
3
Q
What does the growth objective aim to increase
A
Sales profit or market share in the competitive market
4
Q
Why might owners want to provide a good service
A
To encourage customer loyalty and satisfaction
5
Q
A
