business chapter 5 definitions (business objectives and stakeholder objectives) Flashcards
1
Q
business objectives
A
are the aims or targets that a business works towards
2
Q
profit
A
is the total income of a business revenue less total costs
3
Q
market share
A
is the percentage of the total market sales held by one brand or business
4
Q
social enterprise
A
has social objectives as well as an aim to make a profit to reinvest back into the business
5
Q
stakeholder
A
is any person or group with a direct interest in the performance and activities of a business
