3.1.1 Corporate objectives

0.0(0)
studied byStudied by 1 person
0.0(0)
linked notesView linked note
full-widthCall with Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/8

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced
Call with Kai

No study sessions yet.

9 Terms

1
New cards
Business Objective
A goal set by a business, usually in the medium to long term.
2
New cards
Corporate Objectives
Measurable, clearly defined targets for how to achieve business aims.
3
New cards
SMART Objectives
Effective objectives that are Specific, Measurable, Achievable, Realistic, and Time specific.
4
New cards
Mission Statement
A short term statement of the company's vision and values which helps to set aims and objectives.
5
New cards
Aim
A generalised statement of what the business plans to achieve in the longer term.
6
New cards
Internal Influences on Corporate Objectives
Factors within the control of management that influence corporate objectives.
7
New cards
External Influences on Corporate Objectives
Factors outside the control of management that influence corporate objectives.
8
New cards
Strategy
How the business intends to achieve its objectives, usually long-term and made by senior management.
9
New cards
Tactics
Support achievement of specific targets, usually routine and short-term and often delegated by junior management.