Business Chapter4

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Last updated 12:46 AM on 9/17/26
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6 Terms

1
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Business objectives

the aims or targets that a business workds towards

2
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profit

the surplys after total costs have been subtracted from revenue

3
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market share

the percentage of total market sales held by one brand or business

4
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stakeholder

any person or group with direct interest in the perfromance and activities of a business

5
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Internal stakeholders

are individuals or groups who work within or own the business. They have a direct interest in the performance and activities of the business

6
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External Stakeholders

are individuals or groups who are seperate from the business but have a direct interset in the performance and activities of the business