Flashcards
Chapter 2 Business Objectives Flashcards Edition
Cards in this deck (6)
- 1What is a business objective?Something that gives a goal for the business and keep things in check.
- 2How can a objective effect a business?Because it give people a purpose to what they are doing and will try to reach and achieve that goal.
- 3Is it vital to have a objective in a business?Yes as this will effect the companies for most of behaviour and reasoning.
- 4What does S.M.A.R.T mean?Specific
Measurable
Achievable
Realistic
Time specific - 5What kind of objectives do companies have if they are part of the Private sector?Survival
Profit
Growth and wealth creation
Increase market share
Image, reputation and social responsibility - 6What kind of objectives do companies have if they are part of the Public sector?Increase special needs provision in school
Increase response time of emergency services
Reducing specific crime rates
Increasing the number of students entering higher education
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- Description
- Flashcards for chapter 2 business objectives. A great way to revise.
- Created by
- 18kusumoa · Aug 2015
- Updated
- May 12, 2016
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