2.1.2 0.0 / 5 ? Business StudiesChanges in aims and objectivesGCSEAQA Created by: MmoritzCreated on: 28-09-23 17:38 Internal reasons Change of management Entering new markets Attitudes of workers Change brand image 1 of 6 Main methods Focus on survival or growth Entering/leaving markets Growing/reducing workforce Increasing/decreasing product range 2 of 6 Why can market conditions change a business aims and objectives? Size of the market Level of competition 3 of 6 Why can technology change a business's aims and objectives? Helps to innovate products New opportunities and threats 4 of 6 Why can performance change a business's aims and objectives? If done good- grow and expand If done badly- reduce staff - focus on core business 5 of 6 Why does legislation change a business's aims and objectives? Can have an impact on the business 6 of 6
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