Measuring Business Success

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Presentation transcript:

Measuring Business Success

Measuring Business Success Lesson aims Start to understand the five main ways that we can measure business success To understand how different stakeholders may have Conflicting views on the businesses success.

What is success? What do you think makes a successful school? Good exam results Good Reputation Well behaved pupils Taking an active part in the community Success will be viewed differently by various stakeholders! Good exam results Good Reputation Well behaved pupils Take an active part in the community

Stakeholders Who are the stakeholders for a school? Pupils Teachers Parents Council Do you think that each of the stakeholders would view what makes a school successful in the same way?

What is business success? What do you think makes a business successful? Profitability Market Share Job Creation Consumer satisfaction Ethical Consideration