Aim And Objectives Flashcards
1
Q
What is the def of ‘objective’
A
2
Q
What is the difference between financial & non-financial objects?
A
lthough financial goals are essential, there are many other factors that affect business performance. Non-financial objectives, such as those revolving around customer loyalty, employee welfare, labor productivity and production volume also matter.
3
Q
Examples of financial obj
A
- Survival
- Profit
- Sales
- Market share
- Financial security
4
Q
Examples of non-financial obj
A
- Social objectives
- Personal satisfaction
- Challenge
- Independence
- Control
