http://www.bized.ac.

uk

Business Objectives

Business Objectives

http://www.bized.ac.uk

Businesses exist to provide goods or services Whether or not they have to make a profit, businesses have to satisfy customers wants or needs There can be many different motivations for people to set up in business

Why set up in business?

http://www.bized.ac.uk

Fed up with working for someone else Quality of life Buzz of success Feel in control Financial reward I could do better than that!

Key Point

http://www.bized.ac.uk

Whatever the motivation, a business is set up solely to provide customer satisfaction.

Main Aims

http://www.bized.ac.uk

Make a profit Survive or Expand Increase market share Maximise sales or improve quality Provide charitable or voluntary service Environmentally friendly/ethical

http://www.bized.ac.uk

Red Cross LG

Starbucks Coffee

http://www.bized.ac.uk

You are going to research;

Boots
J Sainsburys Dminos Pizza Trades Union Congress McDonalds