Break Even ANS When a business generates just en
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UNIT 3 BUSINESS DECISIONS AND STRATEGY 2022 LATEST UPDATE
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UNIT 3 BUSINESS DECISIONS AND 
STRATEGY 2022 LATEST UPDATE 
Break-Even - ANS-When a business generates just enough revenue to cover its total 
costs. 
Corporate Aim - ANS-The specific goal a corporation hopes to achieve. (To become a 
market leader) 
Corporate Objectives - ANS-The objectives of a medium to large sized business as a 
whole. 
Departmental Objectives - ANS-The objectives of a department within a business. 
Hierarchy - ANS-The order or levels of responsibility in an organisation...