Business Exam

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Mission Statement
A statement of a businesses' core aims, phrased in a way to motivate employees and to stimulate interest by outside groups
1 of 5
Corporate Social Responsibility
This concept applies to those businesses that consider the interests of society by taking responsibility for the impact of their decisions and activities on customers, employees, communities and environment
2 of 5
Management by Objectives
A method of coordinating and motivating all staff in an organisation by dividing its overall aim into specific targets for each department, manager and employee
3 of 5
Ethical Code (Code of Conduct)
A document detailing a company's rules and guidelines on a staff behavior that must be followed by all employees
4 of 5
S.M.A.R.T
A business must be S.M.A.R.T: Specific, Measurable, Achievable, Realistic and relevant, Time specific
5 of 5

Other cards in this set

Card 2

Front

Corporate Social Responsibility

Back

This concept applies to those businesses that consider the interests of society by taking responsibility for the impact of their decisions and activities on customers, employees, communities and environment

Card 3

Front

Management by Objectives

Back

Preview of the front of card 3

Card 4

Front

Ethical Code (Code of Conduct)

Back

Preview of the front of card 4

Card 5

Front

S.M.A.R.T

Back

Preview of the front of card 5

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