Business Objectives A Level Economics

All students preparing for mock exams other assessments and the summer exams for a level economics.

Business objectives a level economics. A lesson on the four business objectives. Therefore its primary objectives are economic in nature. Sometimes there is an overlap of objectives.

Grade booster digital autumn 2020 a level economics. Usually in economics we assume firms are concerned with maximising profit. 16 videos downloads and activities.

Additional teacher guidance is available at the end of this lesson. Business is basically an economic activity. Preview and details files included 1 zip 2 mb.

Everything you need to know about business objectives for the a level economics b edexcel exam totally free with assessment questions text videos. The cost of producing at this point is also shown at the point vertically up from mc mr where the line touches the average cost curve. These groups are called stakeholders.

Free timetable app back to library. Business objectives can only be fully understood by considering the interests of the different groups of people that influence a firm s behaviour and decisions. Business objectives business stakeholders.

Thank you to cathy williams and jon clark. For example if the firm has an objective to reduce staff turnover it may pursue a new strategy of employer feedback where the firm gives staff the opportunity to have a say in the running of the business. 5 10 hours learning time.