1) Bringing in more money through core activities than they spend on purchasing materials a) Survival b) Profit maximisation 2) Avoiding going out of business and having to cease trading a) Sales maximisation b) Survival 3) Aiming for a satisfactory result, rather than the best possible outcome a) Satisficing b) Increase market share 4) To encourage customers to return and gain a good reputation and attract new customers a) Provide a quality service b) Managerial objectives 5) Increasing the percentage of total sales in a market that a business has a) Increase market share b) Managerial objectives 6) Managers pursue their own objectives to improve their status within the company a) Managerial objectives b) Profit maximisation 7) Sticking to an agreed sum of money for the year, particularly in the public sector a) Sales maximisation b) Work within a budget 8) Generate as much sales as possible a) Profit maximisation b) Sales maximisation 9) Aiming to act in an ethical way or in any way that benefits society or the environment a) Growth b) Corporate Social Responsibility 10) To make the business larger such as having more stores a) Growth b) Provide a quality service

Objectives

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