Flashcards in 1.3.1 - Business Aims and Objectives Deck (7)
Market Share: a proportion of sales in a market that are taken by one business
Profit: The amount of revenue left over once costs have been deducted
Likely to be non-financial, such as to reduce the carbon emissions of a business or improve the quality of life for a local community
What factors doing you consider when making a smart target?(Objective)
List 5 finacial aims or objectives
Are the purpose of a busines and what it hopes to achive in the long term.