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3.2 Business objectives

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Question 3

VerdantGro is an urban vertical farming cooperative. The founders are debating whether to pursue a strategy of profit maximisation to attract green venture capital, or to focus on sales maximisation (volume maximisation) to make fresh organic produce accessible to as many households as possible.

Draw a single cost and revenue diagram to illustrate and compare these two different business objectives for VerdantGro. On your diagram, clearly label the price and quantity corresponding to each objective.

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3.2 Business objectives Questions

  1. A Level
  2. /Economics
  3. /3.2 Business objectives