4 & 5

Question 1

Business objective

Answer 1

Stated measurable target that a business plans to achieve.

Question 2

Profit satisficing

Answer 2

Achieve enough profit to keep owners satisfied.

Question 3

CSR

Answer 3

Corporate social responsibility

Question 4

CSR

Answer 4

When business consider taking interests of society by taking responsibility on the impact of their decisions & activities on employees, cust, etc.

Question 5

Pressure Group

Answer 5

Organisations created by a group of people with common interests who put pressure on businesses & governments to change policies so objective is reached.

Question 6

Objectives of social enterprise

Answer 6

Triple bottom line(social, enterprise & environmental)

Question 7

Most effective business objectives

Answer 7

SMART

Question 8

Business aim

Answer 8

Long term goal a business hopes to achieve

Question 9

Mission statement

Answer 9

Brief statement of the business core aims

Question 10

Business strategy

Answer 10

A long term plan for the action of a business