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Jun 22, 20211 min

Identify two reasons for a business having objectives

Updated: Jan 5

May/June 2018 Version 12

Model Answer:

Marking Scheme

Notes to help you answer the question

  1. What are business objectives?

Try related past year questions here

  1. What is meant by business objectives? (2 marks)

  2. Identify two ways to measure business success (2 marks)

  3. Identify and explain two reasons why a business's objective might change overtime? (4 marks)

  4. Identify and explain two objectives a firm might have if it was in the private sector? (4 marks)

  5. Identify and explain two reasons to start up a business. (4 marks)

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