corporate objectives Flashcards

1
Q

What is the definition of a mission statement?

A

A description of what the organization does, why they do it and who they serve.

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2
Q

What is the definition of a corporate aim?

A

The specific goal a business hopes to achieve

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3
Q

What is the definition of a corporate objective?

A

The objectives of a medium to large sized business as a whole

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4
Q

What are the 4 elements of a mission statement

A

Purpose, values, standards and behaviour and strategy

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5
Q

Define a stake holder

A

A person who has invested money into the business or has a strong connection to it.

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