Course Solutions Uncategorized (Answered) : Q36 Business owners can have many goals. Give ONE example of each of the following: a financial goal, a social goal, an envir

(Answered) : Q36 Business owners can have many goals. Give ONE example of each of the following: a financial goal, a social goal, an envir

Q36

Business owners can have many goals. Give ONE example of each of the following: a financial goal, a social goal, an environmental goal and a personal goal. Give ONE example of where these goals may be in conflict. [4 Marks]

Expert Answer


An example of a financial goal is to achieve a Profit Percent of 14% from the current 10% (Profit before tax).

An example of social goal is to increase the women employee % from the current 5% to 8% of my workforce

An example of an environmental goal is to reduce paper cups in office to Regular Cups, saving

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