BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Objectives are organization’s performance targets – the results and outcomes it wants to achieve. They function as yardsticks for tracking an organization’s performance and progress.

Detailed explanation-2: -Objectives can be defined as specific results that an organization seeks to achieve in pursuing its basic mission.

Detailed explanation-3: -A mission statement is a concise explanation of the organization’s reason for existence. It describes the organization’s purpose and its overall intention. The mission statement supports the vision and serves to communicate purpose and direction to employees, customers, vendors and other stakeholders.

Detailed explanation-4: -CEO and Executive Team The executive team is responsible for: Mission, Vision, & Guiding Principles – These are the core foundational elements to your plan that tell your organization who you are, where you’re going, and how you’re going to operate.

Detailed explanation-5: -Objectives are end results which the management wants to achieve by its operations. Objectives are specific and are measurable in terms of units. Objectives are set for the organisation as a whole for all departments, and then departments set their own objectives within the framework of organisational objectives.