Unit 1 What is a Business Flashcards
1
Q
Corporate objectives are often stated in terms of…
A
- Profit
- Shareholder dividends
- Cash flow
1. BROOO - Capital gains invested.
2
Q
What is an Aim?
A
A long term plan from which business objectives are derived.
3
Q
What is an Objective?
A
A target which must be achieved in order to realise the stated aim.
- A time assigned targets derived from the goals and set in advance of strategy.
4
Q
Corporate objectives are often stated in terms of…
A
