Business - business objectives
- Created by: Hlp2000
- Created on: 13-12-16 14:40
View mindmap
- typical business objectives for start-ups
- survival
- the ability of a business to continue to exist
- has the business enough cash to meet day to day expenses
- the ability of a business to continue to exist
- profit
- making a decent profit is essential in order to stay in business
- how does the actual profit compare to target profit
- making a decent profit is essential in order to stay in business
- customer satisfaction
- repeat custom, avoiding negative publicity with positive word of mouth
- what are customers saying? is feedback positive?
- repeat custom, avoiding negative publicity with positive word of mouth
- market share
- increase the percentage of the total market share that one particular business owns
- what is the businesses market share
- increase the percentage of the total market share that one particular business owns
- ethical
- doing the morally correct thing can attract customers
- has it kept promises? is it guilty of any unethical activities
- doing the morally correct thing can attract customers
- growth
- has it grown- increased sales or launched a new product
- survival
Similar Business Studies resources:
Teacher recommended
Comments
No comments have yet been made