Extras Theme 1 + 4

Question 1

What are the two kinds of aims a business can have?

Answer 1

Financial maximising profit non-financial being ethical 

Question 2

What do objectives have to be?

Answer 2

Specific measurable 

Question 3

What does rejected depend on?

Answer 3

Size of volume of the business 

Question 4

Was the main goal of a business

Answer 4

to support change business above business reacts

Question 5

What are the internal and external factors?

Answer 5

Performance of the business influential stakeholders lead ship senior management 

Question 6

What are present cons of a soul trader?

Answer 6

Simple set up routine on profits decision making 

Question 7

 what are the present codes of a partner?

Answer 7

Pros shellback load have a deed partnership as legally binding more easy to get contacts for suppliers 

Question 8

What is an opportunity cost?

Answer 8

The sacrifice when an alternative is chosen -of the relate to the future because it’s difficult to quantify 

Question 9

What are the present cons of floatation? 

Answer 9

Made public easier to raise shares more prestigious external sources of finance bad because it’s expensive risk takeover shareholders may have different outfits like October Social term long time short term 

Question 10

No limited attempt to adapt international market 

Answer 10

Like a lack of brand consistency consistency