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Raj and Abdul have set some objectives for Party Goers Ltd - Edexcel - GCSE Business - Question 6 - 2017 - Paper 1
Question 6
Raj and Abdul have set some objectives for Party Goers Ltd. Which one of the following is a non-financial objective? Select one answer. - A Revenue maximisation - ... show full transcript
Worked Solution & Example Answer:Raj and Abdul have set some objectives for Party Goers Ltd - Edexcel - GCSE Business - Question 6 - 2017 - Paper 1
Step 1
Select one answer.
Answer
The correct answer is B Personal satisfaction.
Explanation: Non-financial objectives are goals that do not directly relate to financial performance. In this context, while revenue maximisation, profit maximisation, and improving cash flow are all financial objectives, personal satisfaction focuses on the welfare and morale of individuals within the organization, making it the only non-financial objective listed.