Please enable JavaScript.
Coggle requires JavaScript to display documents.
Business Objectives - Coggle Diagram
Business Objectives
Growth
-
How do businesses grow?
Expanding customer base, increasing revenue, or produce more product.
Benefits of growth
Increases resources and stock, generates more sales and profits, reaches new customers or markets.
-
Profit
What is Profit?
a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
Businesses make profit by selling the goods/services they sell for more then it costs them to produce.
-
Ethical Objectives
What is business ethics?
The implementation of proper business practices and policies in companies in terms of what is morally right.
-
-
-