mission statements Flashcards

1
Q

what is a mission statement

A

written description of aims of a business

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2
Q

what is the purpose of a mission statement

A

to give a business an aim

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3
Q

limiatations of business statmements

A

business can lie to customers, if customer however feel the values dont match with the statement, can damage reputation of bsuiness

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4
Q
A
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5
Q

what are the SMART objectives

A

specific
measurable
agreed
realistic
timely

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6
Q

what are corperate objectives

A

objectives of the business as a whole

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6
Q

what are functional objectives

A

objectives which help get to the coperate objective in each department, much kore specific then corperate objectives

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7
Q
A
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8
Q
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