1.3 Setting Business Aims And Objectives

Question 1

What is an aim

Answer 1

An aim is a general goal of a business

Question 2

What is an objective

Answer 2

And objective is a specific target set for a business to achieve

Question 3

What is S.M.A.R.T

Answer 3

S=specific
M=measureable
A=achieveable
R=realistic
T=time

Question 4

Private sector organiseation

Answer 4

Owned by individuals

Question 5

Public sector organiseation

Answer 5

Owned by the goverment

Question 6

Survival

Answer 6

To stay active and not loose money