Chapter 14 Measuring Success in Business

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1 question
8
Draggable itemCorresponding Item
Employee satisfaction
Money from the sale of goods and services
Revenue
The proportion of sales in a total market that a business or product enjoys
Customer satisfaction
This is achieved through meeting customer wants and needs offering good customer service
Profit
Money left over after all costs have been subtracted from revenue
Market share
When a business increases in size or operations by increasing market share or revenue or no. Of employees
Success
This is achieved through dividend payments and rises in share prices
Growth
This is achieved through higher wages, benefits or bonus
Owner/ Shareholder satisfaction
How well a business is performing can be measured several ways