Lucy runs a business called LucyArts Ltd, selling a range of art products in Stafford.
Lucy has set some objectives for LucyArts Ltd.
Which one of the following is a non-financial objective?
Select ONE answer:
- Revenue maximisation
- Personal satisfaction
- Profit maximisation
- Improve cash flow
Show the workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Business Studies KS4 & KS3 classes
The answer is 2
- not an objective – does not mean anything.
- Correct – personal satisfaction can be an objective.
- again not an objective – does not mean anything.
- improving cash flow is not an objective.
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