Setting Businesses And Ideas Come From Flashcards
1
Q
What is an aim and an objective?
A
Aim- the long terms intentions, help for business objectives
Objectives- a goal to help a business achieve their aims
2
Q
Why do businesses set objectives?
A
So they can achieve their aims
3
Q
What are typical objectives for a business starting up?
A
Survival
To break even
4
Q
How can objectives be used to measure success?
A
You can see how far you have come
Also to try and make your business better
5
Q
How can stakeholders influence a businesses objectives?
A
They may make objectives of how they could help the community.
Also for owners how much profit they want to make.