Objectives Flashcards
1
Q
What is an objective?
A
Statements of specific outcomes that are to be achieved
2
Q
In what way are objectives often set?
A
Through financial terms
3
Q
Examples of objectives
A
Desired sales or profit levels
Rates of growth
Amount of cash generated
4
Q
“Hierarchy of objectives in a business”
A
- Mission
- Corporate
- Functional
- Unit / Team
- Individual
