business and stakeholder objectives Flashcards
1
Q
business objectives
A
are the aims and targets that a business works towards
2
Q
profit
A
total income of a business (sales revenue) less total cost
3
Q
market share
A
is the proportion of total market sales achieved by one business
4
Q
how to calculate market share
A
market share %= company sales/ total market sales x 100
5
Q
stakeholder
A
any person or group with direct interest in the performance and activities in a business
6
Q
benefits of increasing market share
A
making profits
growth of the business
increase shareholder returns
7
Q
shareholder
A
are the owners of a limited company they buy shares which represent part ownership of a company
