1.1.2.Business Aims and Objectives 0.0 / 5 ? BusinessBusiness Aims and ObjectivesA2/A-levelAQA Created by: ZruixxCreated on: 16-04-23 21:39 What are Corporate Aims? Long-term goals of the entire business 1 of 5 What are Corporate Objectives? The specific tasks and activities a business must accomplish in order to satisfy the corporate aims 2 of 5 What does SMART stand for? Specific Measurable Attainable Realistic Timely 3 of 5 What are some common Business Objectives? Profit Maximisation Survival Growth Social Objectives 4 of 5 What are the Benefits of Setting Objectives? - Provide Direction - Supports planning and operations - Allows co-ordination of resources - Ensures all employees are working towards the same aim 5 of 5
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