Question

The purpose of all good small business strategy is
1. To increase turnover
2.to increase profitability
3.to achieve competitive advantage
4 to achieve stated objective​

Answer 1

Answer:

To Achieve Stated Objective

Explanation:

Answer 2

The right solution for the given question is option 4: to achieve the stated objective​.

• Any business plan is built on attaining the company's goals.
• The purpose and vision of a firm determine its goals.
• Any successful business has a purpose that revolves around supplying high-quality items to customers and maintaining customer satisfaction.
• It is an element of the company's goal and modest objectives.
• Performance and their resources include turnover, earnings, and competitiveness. However, none of these variables can be claimed to be detrimental to business.
• Prior preparation and goal achievement, on the other hand, are the cornerstones of a successful small business.
• Hence option 4 is the correct answer in context to small businesses.