revenue, cost and profit targets
What revenue, cost and profit targets means in Business A-Level, as defined for AQA.
Definition of revenue, cost and profit targets
Check what you remember
Read the wording for your board, then hide it and explain revenue, cost and profit targets in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Sales targets drive the sales force, cost targets discipline overheads and profit targets reassure shareholders.
Topics that use revenue, cost and profit targets
- Setting financial objectives (AQA A-Level)
Related terms
- control and motivation
- overtrading
- return on investment
- cash flow objectives
- gross profit
- operating profit
- profit for the year
- profit margins
Using revenue, cost and profit targets in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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