1.3 Setting business aims and objectives 0.0 / 5 ? Business Studiessetting aims and objectivesGCSEAQA Created by: Izzy Holden #Created on: 21-06-19 19:06 What is an Aim? A general goal for a business. 1 of 7 What is an Objective? A specific target that is set for a business to achieve. 2 of 7 What are Sales? Refers to the number of products sold by a business. 3 of 7 What's a Market share? Measures the percentage of sales in a particular market recorded by a business. 4 of 7 What is Profit maximisation? Occurs when a business aims to make the highest possible profits from its activities. 5 of 7 What is Costumer satisfaction? Measures whether th products supplied by a business match or exceed the expectations of customers. 6 of 7 What are Dividends? The financial rewards paid out to shareholders paid out to shareholders each year. 7 of 7
UNIT 1 - Business in the real world - Unit 1.3 - Business Aims and Objectives 5.0 / 5 based on 1 rating
Business Activity (Objectives, Types of Organisation, Factors of Production, Primary Secondary and Tertiary Activity, Judging Success) 5.0 / 5 based on 1 rating Teacher recommended
Comments
No comments have yet been made