Business Objectives Flashcards
1
Q
A business objective is…….
A
A business objective is something which will help the business achieve the aim (goal)
2
Q
A business aim is………..
A
A business aim is a goal that the business sets
Eg, to increase profits.
3
Q
What does SMART stand for?
A
Specific, Measurable, Achievable, Realistic and Time Bound.
4
Q
What’s a benefit for setting aims and objectives?
A
Assist owners to make decisions/motivates staff towards a goal.
