Business 7115 · O Level · Business objectives and stakeholder objectives

Business objectives and stakeholder objectives — practice question

(a)[8]

Identify and explain one benefit and one drawback to WA from developing new products.

(b)[12]

Here are three possible business objectives for WA. Which one is likely to matter most to WA over the long run? Justify your answer. • Running WA as an environmentally friendly business. • Growing market share. • Survival.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Access to new markets

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