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Different types of businesses can have different business objectives. For each of the following objectives, give an example of a business that might have that

Different types of businesses can have different business objectives. For each of the following objectives, give an example of a business that might have that objective, and explain your answer. (3 marks each; 9 marks total)

Objective 1: Maximisation of sales revenue

Objective 2: Maximisation of profit

Objective 3: Maximisation of return on capital employed

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