1G The importance of Goal Setting Flashcards
1
Q
SMART goals
A
Specific measurable attainable realisitic / relevant time senctive
2
Q
business goals
A
what a business wants to achieve within a specific time frame.
3
Q
types of goals
A
financial goals
social goals
profit margin
4
Q
Finacial
A
targets for improvong the overall finacial performace of a business
5
Q
social
A
Targets set by business that aim to improve the welfare of the community, enviroment or the employees of a business.
6
Q
Profit Margin
A
The proportion of revenue left over from the sle of a good or service after businesss has deducted its expenses
