Edexcel-Business objectives 1.5 Flashcards
1
Q
survival
A
effective cash flow management and breaking even
2
Q
Profit maximisation
A
Benefits shareholders as they recieve dividend and increase wealth of entrepreneur.
3
Q
Other business objectives
A
sales maximisation
Employee welfare
Customer satisfaction
4
Q
Market share
A
Increase market share by making better quality products
5
Q
Sales maximisation
A
Generating the maximum revenue possible
6
Q
Employee welfare
A
Focuses on providing healthy and safe working environment
7
Q
Customer satisfaction
A
achieve customer satisfaction by delivering high-quality products, providing excellent customer service and offering attractive pricing.
