Chapter 5 Flashcards
1
Q
Business Objectives
A
The aims or targets that a business works towards
2
Q
Profit
A
Total income (revenue) of a business less total costs
3
Q
Market Share
A
The proportion (%) of total market sales held by one brand or business = (sales of business/ total market sales) *100
4
Q
Social enterprise
A
An organisation with profit, enviormental and social.
5
Q
Stakeholder
A
Any person or group with a direct interest in the performance and activities of a business
