Business Planning Flashcards

1
Q

What are KPI’s and what are some examples in your work?

A

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.

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2
Q

Why is a business plan important and how does this shape corporate and strategic objectives?

A
  • Help focus on key priorities and allows you to focus on strategic initiatives
  • Set priorities for an organisation
  • Manage change efficiently and effectively
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3
Q

What are some different business structures, and what does your organisation fall into?

A

Sole practitioner, partnership, LLP, limited company, and PLC.

TSA is a private company limited by guarantee without share capital

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4
Q

What is the Salvation Army’s mission statement?

A

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

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5
Q

What are TSA’s values?

A
  • Boldness
  • Compassion
  • Passion
  • Respect
  • Integrity
  • Mutual Accountability
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