Business Studies Topic E 2.0 / 5 based on 1 rating ? Business StudiesGCSEWJEC Created by: Laura PoverCreated on: 26-03-13 21:18 Reflective Practice Developing a greater self-awareness of one's performance. 1 of 10 Business Objective Something a Business is trying to achieve. 2 of 10 Maximum Profit The most profit a business can possibly make over a period of time. 3 of 10 Survive To do just well enough to continue in business for a further period of time. 4 of 10 Break Even Where ;money coming in is equal to the money coming out of the business. 5 of 10 Sales Revenue Money coming into the business through selling goods and services. 6 of 10 Diversification To increase the range of products and or services the business offers to its customers. 7 of 10 Social Impact The effect, beyond the business itself, of something a business does. 8 of 10 Market Share The percentage of the total market has, usually in terms of sales. 9 of 10 Investors People or businesses that put money into a business in order to make a profit. 10 of 10
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