VCE Business Management Practice Questions - VCE Business Management Units 3 & 4 (Victorian Certificate Of Education) Exam

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An entrepreneur notices that there are no organic, gluten-free bakeries operating in a growing regional town and opens a store to meet customer demand. Which business objective does this primary action represent?

Increasing rate of staff turnover Fulfilling a market need Fulfilling a social need Maximizing staff absenteeism

Correct Answer:

Fulfilling a market need

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