chapter 2

Description

GCSE ICT (business aims and objectives) Mind Map on chapter 2, created by kieran_hort11 on 12/09/2013.
kieran_hort11
Mind Map by kieran_hort11, updated more than 1 year ago
kieran_hort11
Created by kieran_hort11 almost 11 years ago
37
0

Resource summary

chapter 2
  1. what are aims?
    1. an aim is what a company wants to achive
    2. what are objectives?
      1. an aim is a measurable aim e.g. when, where, how ?
      2. what is maximising profit ?
        1. maximising profit is a process that companies undergo to determine the best output and price levels in order to maximize its return
        2. what is maximising market share ?
          1. maximising market share is cutting cost to get more customers to become the biggest market share, this can be also be done through advertisement
          2. what is survival ?
            1. survival is keeping a business going through hard times such as recession
            2. what is breaking even ?
              1. breaking even is when your not earning money but your not loosing money either.
              2. what is market growth ?
                1. market growth is to become a bigger and better company
                2. what are financial aims ?
                  1. financial aims are aims for a company e.g. to become company of the year.
                  Show full summary Hide full summary

                  Similar

                  Types and Components of Computer Systems
                  Jess Peason
                  Input Devices
                  Jess Peason
                  Output Devices
                  Jess Peason
                  Networks
                  Will8324
                  General ICT Quiz
                  leahshaw
                  ICT Revison Flash Cards
                  Arun Johal
                  FLAT FILE VS RELATIONAL DATABASE
                  rosiejones
                  Online World - Learning Aim A
                  andysedge
                  Business Aims and ICT Strategies
                  scrt
                  User Interfaces
                  Skeletor
                  General ICT Quiz
                  Jade Fantom