Why have a business aim?

They can be broken down to help specific functional areas understand what is required of them

It can help Shareholders decide whether they want to invest

It allows the CEO to tell his workforce what he alone wants them to do

Which of these are possible Business Aims

Cut down unethical labor by 15%

Quiz

jacksonkie 11 questions

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1Which of these Business Aims is most likely to be for a business currently in its first year?
1. ASurvive
2. BExpand
3. CMake a Profit
2SMART Objectives:

What does the S stand for?
1. ASpecific
2. BSimilar
3. CSystematic
3SMART Objectives:

What does the M stand for?
1. AMeasurable
2. BMathematical
3. CMarked
4SMART Objectives:

What does the A stand for?
1. AAchievable
2. BAttainable
3. CAccessible
5SMART Objectives:

What does the R stand for?
1. ARealistic
2. BRational
3. CReasonable
6SMART Objectives:

What does the T stand for?
1. ATime-Specific
2. BTimed
3. CTerm-Specific
7Growth is a business Objective, and the Aim could be £10 million sales in the UK
1. ATrue
2. BFalse
8Why have a business aim?
1. AThey can be broken down to help specific functional areas understand what is required of them
2. BIt can help Shareholders decide whether they want to invest
3. CIt allows the CEO to tell his workforce what he alone wants them to do
9Being Ethically and Socially responsible is an aim for all Businesses
1. ATrue
2. BFalse
10Not all Companies Have a mission statement
1. ATrue
2. BFalse