Aims And Objectives

Question 1

4 examples of a Businesses potential aims and objectives

Answer 1

1. Survival -new business
   2.growth-organically or externally
2. Increase their market share
3. Profit maximisation- once it’s reached BEP.

Question 2

ways a business may grow organically

Answer 2

from employing more people
from opening more branches
Expanding its product range

Question 3

How may a business grow externally and the types.

Answer 3

.Merger - horizontal, forwards vertical, backwards vertical,
.takeover