common business objectives Flashcards
1
Q
what is cooperate objective?
what is a functional objective?
A
goals of the whole business
goals of different areas of the business
2
Q
what is a way to measure a business objective?
A
using SMART
Specific = is it a clear goal
measurable = numerical for e.g next year i want to open 300 burger shops
Agreed= needs to be agreed amongst stakeholders
Realistic= possible to achieve or you will be demotivated
time = make sure you have a date to do it by