Business Objectives Flashcards
1
Q
profit
A
the surplus remaining after total expenses are deducted from total revenue
2
Q
increase market share
A
the percentage of that total industry sales that the business in question recieves
3
Q
to fulfil a market need
A
provide something required by customers, the target market
4
Q
to fulfil a social need
A
providing a good or service that focuses on addressing a social issue to make society and the world a better place
5
Q
to meet shareholders expectations
A
involves satisfying the shareholders of the company
6
Q
increase value
A
capital gains
7
Q
better return
A
percentage of profits returned to shareholders
8
Q
voting rights at AGM
A
ANNUAL GENERAL MEETING
