Aims and Objectives

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.