Corporate aims and objectives

Description

A Levels BUSS4 (BUSS 4) Mind Map on Corporate aims and objectives, created by andy.dartnell.ad on 06/09/2014.
andy.dartnell.ad
Mind Map by andy.dartnell.ad, updated more than 1 year ago
andy.dartnell.ad
Created by andy.dartnell.ad almost 11 years ago
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Resource summary

Corporate aims and objectives
  1. corporate aims, long term intentions of a business
    1. objectives, targets that must be achieved in order to meet the stated aims of the business
      1. long and short term objectives
        1. financial crisis will mean a business will focus on short term survival rather than growth
          1. profitability may be sacrificed in order to eliminate a competitor
            1. changes in policy may force a firm to adopt different short term policies
              1. improving image in short term,
              2. strategies
                1. general approaches that a company uses and the policies and plans it develops in order to achieve its aims and objectives
                  1. translated in to more detailed functional strategies
                    1. market the business is in, who the competitors are, how they intend to compete and weather to diversify in to new markets and products
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