Business Success (LEVEL 1)

Being adaptive to change means that the business...

A business plan outlines the business' 

Listening to and meeting customer needs means that

Why is business success measured differently?

The main financial documents that are included in the annual report include...

Successful owners of business...

A positive cash flow helps the business 

How is an investor or bank manager likely to measure success?

Business success is the realisation and achievement of business goals & objectives

Good & effective management ensures

Profit, equity ratios and sales can be measured through

Success of a business is directly related to... 

A detailed and accurate business plan and a good location are...

A good location can include

Successful owners of business...

An annual report is an end of the financial year document that contains information on...

Which external stakeholders might be interested in viewing a well-detailed business plan?

Successful owners of business...

Untrained staff, poor management, poor products are examples of...

What is an advantage of business failure?

A positive cash flow and and having good staff are 

A detailed & up-to-date business plan provides

Business success is usually viewed in terms of profit

Sales levels, customer growth and market share growth and environmental objectives

Apart from the business plan, what other documents might a bank manager or investor want to see

A business plan is a description of the business' plans for the upcoming...