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1.3.3 Why objectives differ and change

Why might a small business prioritise steady income and staying open?

A

Steady income and staying open, because it has little cash to fall back on.

B

Waiting times and patients treated, because it is funded to deliver a service.

C
  • It holds the largest market share
  • Rivals must react to its prices
  • Suppliers may accept its terms
D

It has more resources, plus shareholders and lenders who expect ambitious targets.

1.3.3 Why objectives differ and change Flashcards

  1. GCSE
  2. /Business
  3. /1.3.3 Why objectives differ and change

Flashcards for AQA GCSE Business 1.3.3 Why objectives differ and change, covering the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2. 20 cards, matched to the AQA GCSE Business (8132) specification. Recall questions account for roughly 35% of marks at GCSE Business, so these target the marks you can secure before the paper starts.