Business - 4BS1 PearsonEdexcel

Business Objectives

Gbogbo ọrọ náà

Every business begins with a purpose, but what that purpose looks like depends on who owns the business, how large it is, and what stage of its life it has reached. Some businesses chase rapid growth and maximum profit, while others exist to serve a community or give the founder a lifestyle they enjoy.

In this lesson you will explore the financial and non-financial objectives that businesses set, discover why a start-up's goals look very different from those of a multinational, and examine the forces that push businesses to rethink their aims as the world around them changes.

Ebumnobi

  1. Understand the financial aims and objectives of businesses: survival, profit, sales, market share, financial security
  2. Understand the non-financial aims and objectives of businesses: social objectives, personal satisfaction, challenge, independence and control
  3. Understand why business aims and objectives change as businesses evolve, in response to market conditions, technology, performance, legislation and internal reasons

Akọmọ Ojú-ẹkọ

Imagine opening a restaurant without deciding whether you want a neighbourhood cafe or a fine-dining chain. Without clear objectives, every decision - from hiring staff to setting prices - becomes a guess. Business objectives give owners and managers a target to aim for, employees something to work towards, and outsiders a way to judge whether the business is succeeding. They are the compass that keeps everyone pulling in the same direction.

Ọ dị na ngwa Green Bridge

Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.

Akwụkwọ ndụmọdụ zuru oke nwere eserese
Onye inyeaka mmụta AI
Mụọ n'ụzọ na-enweghị ịntaneti, oge ọbụla, ebe ọbụla
Ọ dị na Android, Windows, macOS, na Linux

Ayẹwo Ẹkọ

Ekele diri gi maka imecha ihe karịrị na Business Objectives. Ugbu a na ị na-enyochakwa isi echiche na echiche ndị dị mkpa, ọ bụ oge iji nwalee ihe ị ma. Ngwa a na-enye ụdị ajụjụ ọmụmụ dị iche iche emebere iji kwado nghọta gị wee nyere gị aka ịmata otú ị ghọtara ihe ndị a kụziri.

Ị ga-ahụ ngwakọta nke ụdị ajụjụ dị iche iche, gụnyere ajụjụ chọrọ ịhọrọ otu n’ime ọtụtụ azịza, ajụjụ chọrọ mkpirisi azịza, na ajụjụ ede ede. A na-arụpụta ajụjụ ọ bụla nke ọma iji nwalee akụkụ dị iche iche nke ihe ọmụma gị na nkà nke ịtụgharị uche.

Jiri akụkụ a nke nyocha ka ohere iji kụziere ihe ị matara banyere isiokwu ahụ ma chọpụta ebe ọ bụla ị nwere ike ịchọ ọmụmụ ihe ọzọ. Ekwela ka nsogbu ọ bụla ị na-eche ihu mee ka ị daa mba; kama, lee ha anya dị ka ohere maka ịzụlite onwe gị na imeziwanye.

  1. Which of the following is a financial objective? A) Personal satisfaction B) Social responsibility C) Market share D) Independence Answer: C
  2. Profit satisficing means: A) Making the maximum possible profit B) Making enough profit to satisfy the owner C) Making no profit at all D) Donating all profit to charity Answer: B
  3. Which factor is most likely to cause a business to change its objectives from growth to survival? A) A rise in consumer spending B) A new competitor entering the market C) An increase in profits D) A reduction in taxes Answer: B
  4. A social enterprise is most likely to prioritise which objective? A) Profit maximisation B) Market share C) Social objectives D) Financial security Answer: C
  5. Which of the following is an internal reason for changing business objectives? A) New government legislation B) A change in ownership C) A recession in the economy D) A new competitor Answer: B

Ọ dị na ngwa Green Bridge

Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.

Akwụkwọ ndụmọdụ zuru oke nwere eserese
Onye inyeaka mmụta AI
Mụọ n'ụzọ na-enweghị ịntaneti, oge ọbụla, ebe ọbụla
Ọ dị na Android, Windows, macOS, na Linux

Ọ dị na ngwa Green Bridge

Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.

Akwụkwọ ndụmọdụ zuru oke nwere eserese
Onye inyeaka mmụta AI
Mụọ n'ụzọ na-enweghị ịntaneti, oge ọbụla, ebe ọbụla
Ọ dị na Android, Windows, macOS, na Linux

Meecha Ajụjụ Ule Ọmarịcha

Ị chọrọ ime ajụjụ ule ọmarịcha gbasara Business Objectives? Budata ngwa Green Bridge CBT iji nweta ajụjụ ule ọmarịcha na nyocha zuru ezu gbasara isiokwu a.

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