Aims and Objectives

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Cambridge IGCSE ICT GCSE (Business Aims And Objectives) Mind Map on Aims and Objectives, created by daniel97terry on 12/09/2013.
daniel97terry
Mind Map by daniel97terry, updated more than 1 year ago
daniel97terry
Created by daniel97terry about 11 years ago
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Resource summary

Aims and Objectives
  1. Mission Statement
    1. Is a statement in what a company believes in
    2. Aims
      1. Is a statement that is set by a company which they wanna achieve by the end of the year
      2. Objectives
        1. Is how your going to achieve your aims and in what time period
        2. Maximising Profits
          1. Is making changes to a business to make the most money
          2. Survival
            1. Is if after the first year you are still making profit, you have enough money to keep the business going
            2. Break Even
              1. Is when you sell products for the same amount that you buy them for
              2. Market Growth
                1. Is appealing to a wider range of audience to make more profits
                2. Non-Financial aims
                  1. Are aims set by a business which don't evolve money
                  2. Market Share
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