Business Planning Flashcards
What are KPI’s and what are some examples in your work?
Key performance indicators. Number of assets to be sold or purchased. Scoring a minimum of 4/5 on customer satisfaction surveys when dealing with ROQ purchases. Quality of work. Work to be completed in a timely manner.
Why is a business plan important and how does this shape corporate and strategic objectives?
- Help focus on key priorities and allows you to focus on strategic initiatives
- Set priorities for an organisation
- Manage change efficiently and effectively
What are some different business structures, and what does your organisation fall into?
Sole practitioner, partnership, LLP, limited company, and PLC.
TSA is a private company limited by guarantee without share capital
What is the Salvation Army’s mission statement?
1) To share the good news
2) To serve others without discrimination
3) To nurture disciples of Jesus
4) To care for creation
5) To seek justice and reconciliation
What are TSA’s values?
- Boldness
- Compassion
- Passion
- Respect
- Integrity
- Mutual Accountability