ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following would not be a financial goal of a business?
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Increase market share
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To open up 10 new stores
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To diversify into new markets
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To provide employment to the local community
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Explanation:
Detailed explanation-1: -To promote the progress of the society: Business is a part of the society. The society provides a regular market for goods and services of the business apart from factors of production.
Detailed explanation-2: -Business objectives are the results you are aiming to achieve in order to accomplish your longer-term company vision. Think of business objectives as metrics to measure your overall business success. Hitting your business objectives means you’re on the path towards achieving larger company goals.
There is 1 question to complete.