flashcards

(7 cards)

1
Q

Profit Maximisation

A

To make as much profit as possible

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Achieving Quality

A

to provide the highest standard of product/service

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Survival

A

To continue to exist from one year to the next

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Customer satisfaction

A

to ensure your customers are happy with their purchase.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Increase Market Share

A

To gain more customers relative to your competitors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Social responsibility

A

To act in a responsible way towards the environment, Your community and wider society.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

innovation

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly