Chapter 44

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  • Created by: Denico
  • Created on: 26-11-18 09:51
Corporate Objectives
The Objectives of a medium to large-sized business as a whole, which are long term goals e.g. profit maximisation, growth, diversification
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Departmental and Functional Objectives
The objectives of a department within a business
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Mission statement
A brief statement, written by the business, describing its purpose and objectives, as well as its values, standards and behaviours expected of employees as well as the vision of the future.
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Why does Smart objectives help?
Because acronym helps management set effective objectives
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What does the acronym stand for
S-Specific, M-Measurable, A-Achievable, R-Relevant, T-TimeBound
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Other cards in this set

Card 2

Front

Departmental and Functional Objectives

Back

The objectives of a department within a business

Card 3

Front

Mission statement

Back

Preview of the front of card 3

Card 4

Front

Why does Smart objectives help?

Back

Preview of the front of card 4

Card 5

Front

What does the acronym stand for

Back

Preview of the front of card 5

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