Why is an objective NOT important to a business?
Employees need something to work towards.
Without objectives owners might not have the motivation
Objectives lets a business skip steps to achieve it.
It's easier to assess the performance of a business.
Does S in SMART objectives stand for smart?
Does M in SMART objectives stand for measurable?
Does A in SMART objectives stand for appropriate?
Does R in SMART objectives stand for reproductive?
Does T in SMART objectives stand for traditional?
What are the objectives of a business in private sector?
Survival
Profit
Growth
Wealth creation
Increase market share
Image
Reputation
Social Responsibility
Taking over government
Is mission statement is often directed at suppliers.
Which of these are possible objectives of a public sector business?
Increasing special needs provision in schools
Increasing response time by the emergency services.
Reducing specific crime rates.
Reducing waste sent to landfill
Increasing the number of students entering higher education
Making another business collapse into ashes
Reducing economical growth
World domination
Increasing the number of public sector business.
What does the term Mission statement mean?
A brief summary of a firm's aims and objectives.
A detailed paragraph of a firm's aims and objectives.
An essay about a firm's aims and objectives.
A book about the life of a business
