Chapter 14 Measuring Success in Business

Money from the sale of goods and services

The proportion of sales in a total market that a business or product enjoys

This is achieved through meeting customer wants and needs offering good customer service

Money left over after all costs have been subtracted from revenue

When a business increases in size or operations by increasing market share or revenue or no. Of employees

This is achieved through dividend payments and rises in share prices

This is achieved through higher wages, benefits or bonus

How well a business is performing can be measured several ways