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6. What is a mission statement?

  • A short phrase that is used to describe the purpose of or the reason for the existance of the business
  • A statment that states what the business plans to do
  • I dont know

7. What is 'market share'?

  • The percentage of ther total market the business has
  • How much of its company the business shares with the market
  • How the business shares out its money to its stakeholders

8. What are examples of non financial aims?

  • Feeling good about the business, smiling when you walk into work
  • Fof the employer to gain a better quality of life, for the busienss to have a better reputation
  • Making more profit than the years before

9. Why is a main business aim to 'survive'

  • Because the business going bust will cost lots of money
  • Because a recent economic downturn makes it difficult for business to stay open
  • Because business life is hard