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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.
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buss4
buss 4
a levels
Mind Map by
andy.dartnell.ad
, updated more than 1 year ago
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andy.dartnell.ad
almost 11 years ago
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Resource summary
Corporate aims and objectives
corporate aims, long term intentions of a business
objectives, targets that must be achieved in order to meet the stated aims of the business
long and short term objectives
financial crisis will mean a business will focus on short term survival rather than growth
profitability may be sacrificed in order to eliminate a competitor
changes in policy may force a firm to adopt different short term policies
improving image in short term,
strategies
general approaches that a company uses and the policies and plans it develops in order to achieve its aims and objectives
translated in to more detailed functional strategies
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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