Term
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Definition
| the overall purpose of business |
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Term
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Definition
| theories which state that business objectives are determined jointly by groups of interested parties |
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Term
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Definition
| a brief summary of a firm's aims and objectives |
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Term
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Definition
| the goals or outcomes a business wants to achieve |
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Term
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Definition
| producing a level of output which generates the most profit for a business |
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Term
| Sales revenue maximisation |
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Definition
| producing a level of output where sales revenue is greatest |
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Term
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Definition
| generating sufficient profit to satisfy the owners, not necessarily at an output which gives greatest profit |
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Term
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Definition
| the benefit to shareholders of a rising share price and rising dividends |
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Term
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Definition
| goals which are specific, measurable, agreed, realistic and time specific |
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