CBEHub

← 1.2 Business Goals

Profit as a business goal

Business Studies · Grade 10 · about 40 minutes

Profit is sales minus costs; Kenyan MSMEs set profit goals so the owner can live, restock and stay open.

Sign in to read this lesson

Lessons are for learners and teachers with an account. Browsing the curriculum — subjects, strands and what each sub-strand covers — stays open to everyone.

  • 7 sections of explanation, worked examples and diagrams
  • 1 practice task with hints and worked answers
  • A quiz that marks itself as you go
  • Your progress kept across every subject you take
Sign in Create an account

Other lessons in this sub-strand

  1. The importance of goal setting, and the factors to consider
  2. The steps in setting goals, and SMART goals
  3. What a business goal is
  4. Profit as a business goal
  5. Survival as a business goal
  6. Growth as a business goal
  7. Social goals of a business
  8. Balancing profit, survival, growth and social goals
  9. Resources and customers when setting goals
  10. Law, the economy and competition in goal setting
  11. Short-term goals for Kenyan MSMEs
  12. Long-term goals and the steps that reach them
  13. Formulating SMART goals for a local MSME