1.5. Business objectives and stakeholder objectives
- Syllabus
- 0264–2027–2028
- Topic
- 1.5
- Level
- —
1.5.1—Business objectives
- businesses can have several objectives, e.g. survival, growth, profit, market share
- the importance of business objectives
1.5.2—The role of stakeholder groups
- internal stakeholder groups: owners (sole traders, partnerships, shareholders), managers, employees
- external stakeholder groups: customers, suppliers, lenders/banks, government, local community
- objectives of different stakeholder groups
- how these objectives may conflict with each other
Objective notes
2 learning objectivesConceptIGCSE Business Studies