GK
BUSINESS MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Business Goals
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Business Objectives
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Business Strategies
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Business Principles
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Detailed explanation-1: -It is a statement of purpose, e.g. we want to grow the business into Europe. Business objectives are the stated, measurable targets of how to achieve business aims.
Detailed explanation-2: -Business objectives are the specific, measurable results that companies hope to maintain as their organisation grows. When you create a set of business objectives, you focus on specifics. This means analysing, assessing, and understanding where you are now and where you want to be in the future.
Detailed explanation-3: -Measurable Objectives: Measurable objectives are specific statements expressing the desired qualities of key services; and the expected results of the services/experience. Objectives should state: • Who is involved: The people whose behaviors, knowledge and/or skills are to be changed as a result of the program.
Detailed explanation-4: -Business aims – The long-term strategy for the business. It can be expressed as a mission statement, company values and the purpose of your company. Having a clear vision lets you set strategic goals and supporting objectives to achieve this aim.
Detailed explanation-5: -A measurable business objective is something that can be quantitatively described. Measurable objectives are statistically tabulated and can help a business determine how effective a particular approach, product or service is performing from a number of different standpoints.