Business Objectives & Stakeholder Objectives Flashcards
1
Q
Business Objectives
A
Are the aims or targets that a business works towards.
2
Q
Profit
A
Is a total income of a business (revenue) less total costs.
3
Q
Market Share
A
Is the percentage of total market sales held by one brand or business.
4
Q
How to caculate Market Share
A
Market share % = Company Sales/ Total Market Sales x 100
5
Q
Social Enterprise
A
A social enterprise is a business that aims to make a profit while also benefiting society or the environment.
6
Q
Stakeholder
A
A stakeholder is anyone affected by a business, such as owners, employees, customers, suppliers, and the community.
