STUDIES QUESTIONS WITH SCIENCES/BUSINES
S/BUSINESS
100% CORRECT ANSWERS MANAGEMENT
2025/2026
Social Sciences / Business / Business management
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AQA A LEVEL BUSINESS STUDIES QUESTIONS WITH 100% CORRECT ANSWERS 2025/2026 What is a business objective? Why is one needed? - ANS-- It is a goal for the entire organisation - They guide the actions of those withing the business What are the main objectives a business might have? (8) - ANS-- Growth - Reduction of risks / diversification - Profit (reduce production costs / increase price) - Survive (applicable for most start-up companies - Cash flow objective (making sure the cash flowing into a business is enough to cover what must pay out in any period) - Ethical objectives (environment, fairtrade etc) - Becoming the market leader - Stakeholder Objectives (keeping the shareholders / employees / government happy) What is a Stakeholder? - ANS-A stakeholder is an individual / group of peope with an interest in the business e.g - workers, shareholders, government etc What is a public limited company? - ANS-A company that is owned by shareholders (generally a larger company) What does niche mean? - ANS-A small specific market aimed at only a few types of people How is profit calculated? - ANS
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