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tutor2u Business Blog ­ Specification Map

Functional Objectives and Strategies
This section introduces candidates to functional objectives and strategies, and examines their
appropriateness in the context of corporate objectives.
Specification Amplification
Using Objectives and Strategies Candidates should understand a range of functional
· functional objectives and their…

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tutor2u Business Blog ­ Specification Map
appropriate methods, calculation and investment can help businesses to reach functional
interpretation of findings objectives.
· investment criteria Quantitative measures of investment should
· assessing the risks and uncertainties of include: payback, average rate of return, and net
investment decisions present…

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tutor2u Business Blog ­ Specification Map

Understanding Operational Objectives Operational objectives should include: meeting
· operational objectives quality, cost and volume targets, innovation,
efficiency (including time) and environmental
· assessing internal and external influences on
operational objectives.
Influences on operational objectives might include:
competitors' performance, resources…

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tutor2u Business Blog ­ Specification Map
the strengths and weaknesses of each.
Developing and Implementing Workforce Plans Candidates should be aware of the influences on
· components of workforce plans workforce planning, including other functional
decisions, eg innovation may require greater
· assessing internal and external influences…


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