3.1.3

Question 1

aim

Answer 1

general goal of a business

Question 2

objective

Answer 2

specific target that is set for a business to achieve

Question 3

what does SMART stand for?

Answer 3

Specific
Measurable
Achievable
Realistic
Time bound

Question 4

aims/objectives of businesses

Answer 4

-survival
-profit maximisation
-growth
-market share
-customer satisfaction