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Note that your final mark will not be saved in the system.
1.4 Business aims and objectives MatchUp
Target Level
4-5
Running Total
0
0%
Attempt
1 of 3
Click on a top box, then click on its match below. Or, drag a top box and drop it onto the correct match. Match all pairs before clicking ‘Check’.
SMART
International expansion
Becoming the dominant business in the market
Profit maximisation
Environmental objectives
Increasing market share
Sole trader, partnerships, not-for-profit organisations
Increase in sales volume and increase in market share
Survival
Public limited company
Which business aim relates to finance?
Which business aim relates to sales volume?
Which types of business organisation would not set an aim related to shareholder value?
Which type of business organisation is most likely to have international growth as a business aim?
During an economic downturn, which objective is a hospitality business most likely to focus on?
In what format are business objectives likely to be expressed?
Which business objective is a small independent coffee shop unlikely to have, as they cannot achieve it?
Which objectives is a large manufacturing business likely to review regularly, given concerns of the general public?
Which objective is unlikely to be considered by sole traders and partnerships?
Success is not always measured by profit. How might a business aiming to increase their revenue measure success?