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Paper 2
B1: Business in the real world
Aims and Objectives
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Created by
Lewis Hills
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Cards (6)
An
aim
is a general goal of a
business
.
An
objective
is a
specific
target set for a business to achieve.
Objectives must be SMART
S -
Specific
M -
Measurable
A -
Agreed
R -
Realistic
T -
Timed
Objectives
are set to help make
decisions
and establish priorities.
Business objectives
Survival
Profit
CSR
=
Corporate Social Responsibility
Growth
Market share
CSR =
Corporate
Social
Responsibility
When a company aims to act ethically and responsibly so that the public perceives them in a positive light.