Business 7115 · O Level · Business objectives and stakeholder objectives

Business objectives and stakeholder objectives — practice question

(a)[8]

Explain two reasons why having business objectives matters for Gemma.

(b)[12]

Weigh up the advantages and disadvantages of buying the Beautywise franchise. Was Gemma correct to buy the franchise? Justify your answer.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: A definite target/aim/purpose for the owner to work towards - steers the business in the right direction - prevents it from losing focus

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