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1.3.1 Business aims and objectives - Quiz

1. What is the name for the overall goal that a business hopes to reach over a given period of time?

Aim
Market share
Objective
Profit

2. What is meant by a business objective?

The share of a total market that is served by a single business
The money a business has left once all of its costs have been paid
A plan of action showing how a business will reach its goal
The overall goal that a business wants to reach over a set period of time

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