Business Environment 0.0 / 5 ? Business & Communication SystemsBusiness EnvironmentGCSEAQA Created by: AmyACreated on: 17-05-18 13:15 Aim broad statement of what a business would like to achieve over a longer period of time 1 of 10 Objective A specific target that a business wants to meet which helps them to achieve their overall goal 2 of 10 Growth the increase in size of a business's sales or profits 3 of 10 Profitability ability of a business to make profits 4 of 10 Market share amount of sales a business has compared to the whole market 5 of 10 Ways of measuring success Profitability and growth, market share, job creation, cash flow, ethics 6 of 10 Stakeholder A person or group that has an interest in a business 7 of 10 Trade Union an organisation that employees can join, which represents their interests 8 of 10 Legislation laws are passed to make sure that businesses are responsible 9 of 10 Sustainability running a business that cares about the resources it uses 10 of 10
Comments
No comments have yet been made