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Description
Flashcards by Akari Yamada, updated more than 1 year ago
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Created by Akari Yamada
over 10 years ago
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| Question | Answer |
| Business objective | A target a business works towards |
| Market share | Proportion of total market sales achieved by one business |
| Social enterprise | Organization that has a social objective as well as an aim to make a profit to reinvest back into the business |
| Stakeholder | Any person or group with a direct interest in the performance and activity of a business |
| Objective of an owner | Growth of business, Maximum profit |
| Objective of a consumer | Safe, reliable, good quality product at the lowest price |
| Objective of a worker | Regular payments for work, Job satisfaction |
| Objective of the government | For firms to stay within laws, Increase country's output |
| Objective of a manager | Growth of business, High pay |
| Objective of the bank | Business to pay interest and capital rent |
| Objective of a community | Employment, Safe product, Environmental friendly production |
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