1.3 Flashcards
What is survival
It is when the company tries not to go bankrupt and keep making profit
What is profit maximisation
It is when the company finds ways to make more profit when selling a good or service to costumers
What is growth
It is when the company gets more popular which leads it to making more profit
What is growth domestic and international
It is when the company sells products in different areas of its own and different countrys
What is market share
It is when people own a share of your business
What is customer satisfaction
It is how well your customers feel about your service
What are social objectives
They are when you business has an objective to help the environment to make it sell look good
What are Ethical objectives
This is when you know the right and wrong objectives
What are Private sector organisations
They are owned by individuals
What are Public sector organisations
They are owned by the government
