Section 5:Business objectives and stakeholder objectives

Question 1

objective

Answer 1

Target to be achived

Question 2

Market share

Answer 2

the revenue of a business expressed as a percentage of total market revenue

Question 3

examples of business objects

Answer 3

• Make profit
• Survival
• Expand business size
• Increase market share

Question 4

Corporate social reponsabilites

Answer 4

Business taking reponsabilities for the impact of activites might have on society or enviroments

Question 5

Pressure groups

Answer 5

A group of like mineded people that puts pressure on business and governemyts to change their policies to reach a goal

Question 6

Social enterprise

Answer 6

A business with social objectives that re invests most of its profts back into the business

Question 7

Stakeholders

Answer 7

An individual or group which has an interest in a business because they are affected by its decisions

Question 8

Internal stakeholders

Answer 8

Owners and shareholders
Managers and employees

Question 9

External sakeholders

Answer 9

Lenders suppliers customer governemnts local communities