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From course:

GCSE Business 2020-2022 OCR

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Question:

What can affect the Objectives?

Author: eric_galvao



Answer:

-Size of the Business; 1/2 businesses that are created fail in the first 5 years. Survival and Customer Satisfaction is critical -Level of Competition; If there is not that much competition, it can focus on Profits or maintaining its Market Share -Type of Businesses; Non-Profit Organisations may focus more on Ethnic or Social Objectives. Sole-Traders may focus on Survival.


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