Exam code: 7131
Statement 1: ‘Profit is important because it can measure success.’
Statement 2: ‘Profit is important because it can reward shareholders.’
Read statements 1 and 2 and select the correct option from the following:
Statement 1 is true. Statement 2 is true.
Statement 1 is true. Statement 2 is false.
Statement 1 is false. Statement 2 is true.
Statement 1 is false. Statement 2 is false.
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When will a business’s corporate objectives be agreed?
After its mission and after its financial objectives
After its mission and before its financial objectives
Before its mission and after its financial objectives
Before its mission and before its financial objectives
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Read the source in the Insert.
Explain one ethical issue that the managers needed to consider when starting ‘Our Place’.
How did you do?
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Read the case study in the insert booklet.
How important do you think making profits is to HS?
Justify your view.
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