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

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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

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