acheiving objectives Flashcards
1
Q
business plan
A
-asses viability
•simple, clear and concise.
•realistic and truthful.
•used for decisions by banks/investor
2
Q
contents of business plan
A
executive summary – quick overview.
• objectives.
•products/services how you will sell
•resources needed
3
Q
kpi purpose and importance ⚠️
A
•measure preformance
•clarity
•ensure everyone working towards goal
•Realistic checks on risk factors
4
Q
leading vs lagging kpi
A
•Leading-track what is most important to proactively make any changes
•Lagging-measure past performance,reflects results
5
Q
how to implementing stragerties 🍁
A
•communicate vision, values and objectives
•set objectives
•set kpi
6
Q
key factors of success 🛍️👩💼🏟️
A
Education and training.
•Customers front and centre.
•Quality of products/services.
