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aim
long term aspirations of an organisation
objective
specific, measurable, achievable relevant targets rhat must be achieved to get these aspirations
aims wand objectives
align the efforts of all employees towards a common vision
critical for a business to function correctly and achieve long term success
financial objectives
survival
sales
profit
financial security
non financial objectives
social entrepreneurship
personal satisfaction
challenge
independence
reasons for diff aims + objectives
industry
culture
ownership structure
location
size