1.3 Setting Business Aims And Objectives

Question 1

Aims

Answer 1

A general goal of a business

Question 2

Objective

Answer 2

Is a specific target that is set for a business to achieve

Question 3

Private sector organisation

Answer 3

Organisations owned by individual

Question 4

What is S.M.A.R.T

Answer 4

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

Question 5

Public sector organiseation

Answer 5

Owned by the goverment

Question 6

Survival

Answer 6

To stay active and not loose money