Chapter 5 - Adria Blanchart Flashcards
Business objectives and stakeholder objectives
1
Q
What are business objectives?
A
Business objectives are the aims or targets that a business works towards.
2
Q
What does profit mean?
A
Profit is the total income of a business (revenue) less total costs.
3
Q
What is the market share
A
Market share is the percentage of total market sales held by one brand or business.
4
Q
What does a social enterprise have?
A
A social enterprise has social objectives as well as an aim to make a profit to reinvest back into the business
5
Q
what is a stakeholder
A
A stakeholder is any person or group with a direct interest in the performance and activities of a business.
