What are examples of typical corporate objectives?
Sales revenue
Profit
Return on investment
Growth
Market share
Corporate image and reputation
What are internal influences on corporate objectives?
Business ownership
Organisational culture
Strategic position and resources
Attitude to profit
How does business ownership influence corporate objectives?
Control
What do they want to achieve?
Hoe does attitude to profit influence corporate objectives?
Is the business run to earn profits or is it not-for-profit?
How does strategic position and resources influence corporate objectives?
Strategic position influences corporate objectives by determining the direction and scope of the organization, while resources determine the feasibility and implementation of those objectives.
What are the external influences on corporate objectives?
Short-termism
Economic environment
Competitors
Social and technological change
How does short-termism influence corporate objectives?
Insufficient attention being paid to the strategy, fundamentals and the long-term value
How does the economic environment influence corporate objectives?
Perspective on key economic indicators such as economic growth, consumer spending and interest rates
Is short-termism an internal or external influence on corporate objectives?