Why Businesses Exist (AQA A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
ShowHide
Practise the questions
10 questions from this quiz
While profit is crucial, what is true about why businesses exist?
While profit is crucial, what is true about why businesses exist?
Profit is not the sole purpose
Which are examples of public services mentioned?
Which are examples of public services mentioned?
NHS, police forces, and fire services
What is enterprise?
What is enterprise?
Taking initiative to start new business
What is a mission statement?
What is a mission statement?
Formal declaration of core purpose
What do mission statements help guide?
What do mission statements help guide?
Decision-making for managers & employees
Who are stakeholders?
Who are stakeholders?
People with interest in the business
What acronym helps remember the three core business objectives?
What acronym helps remember the three core business objectives?
SGP
What does the survival objective mean?
What does the survival objective mean?
Generating revenue to cover costs
What does CSR stand for and focus on?
What does CSR stand for and focus on?
Corporate Social Responsibility - ethics
How do objectives vary between different organizations?
How do objectives vary between different organizations?
Charities differ from PLCs significantly