Aims And Objectives Flashcards
1
Q
Objectives most often set by a bussiness
A
Profit
Increased market share
Growth
Survival
Service
2
Q
What is market share?
A
Market share is the percentage of total sales that a bussiness has in a specified market
3
Q
What is Direction as a bussiness objective ?
A
Will allow a business to decide on the direction it should take , for example weather it should expand or not
4
Q
Objective - focus on employees
A
Helps increase efficiency
5
Q
What does Measurement of success bussines objective help do?
A
Can correct or change busines stratergy if it’s not working
