aims and objectives

?
aims
where the business wants to be
1 of 9
objectives
how they will get there
2 of 9
example of an aim
survival in the first year
3 of 9
common aims of a business
profit, growth, survival, break-even, providing a service, ethical stance
4 of 9
what is a SMART objective
Specific Measurable Achievable/agreed Realistic Timebound
5 of 9
adapting
a business may change its aims and objectives over time
6 of 9
importance of aims/objectives
helps with decision making, helps investors, provides targets, motivates staff
7 of 9
Tesco's aims
1-continue to invest in strong UK businesses, 2-establishing multi-channel leadership, 3-pursuing international growth
8 of 9
Tesco's objectives
1-service+staff - improved quality, 2-giving customers different ways to shop e.g. online, 3-meet customers everyday needs
9 of 9

Other cards in this set

Card 2

Front

how they will get there

Back

objectives

Card 3

Front

survival in the first year

Back

Preview of the back of card 3

Card 4

Front

profit, growth, survival, break-even, providing a service, ethical stance

Back

Preview of the back of card 4

Card 5

Front

Specific Measurable Achievable/agreed Realistic Timebound

Back

Preview of the back of card 5
View more cards

Comments

No comments have yet been made

Similar Applied Business resources:

See all Applied Business resources »See all aims and objectives resources »