Business Objectives Flashcards
1
Q
Profit
A
To receive more money in sales than costs
2
Q
Social benefit
A
To support a good cause to help society
3
Q
Sales
A
Revenue coming into the business
4
Q
Market share
A
The percentage of total market that one particular brand or business owns
5
Q
Provide an effective service
A
Ethical-to do the morally correct thing can help attract customers.
Sustainable-making use of renewable resources.
*a satisfied customer leaves happy and is more likely to return
*avoids negative publicity.
6
Q
Survival
A
The ability to continue to exist
7
Q
Growth
A
To expand
