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Business aims and objectives.

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Aims and Objectives All Businesses exist to either produce goods (such as cars furniture and textiles) or to provide a service (drive you to your destination, i.e. Taxi). In some cases a business will provide both. In order to survive a business needs to provide a product or service that its customers are willing to pay for. Aims The aim or aims of a business is a target, which it wants to achieve: Some businesses such as those in the private sector exist to make a profit their aim to succeed is to ensure that there are costs, which are not greater than their income. The aim of some businesses is to expand, to be come national or international companies. ...read more.


in a large factory you may need security, cleaners, cooks if canteens are available, production workers managers etc. * Power - money for heating, lighting, water and telephone * Premises - money for rent, leases or mortgages * Additional costs - such as advertising transport for employees (company cars) flight travel for international companies, transport of goods and raw materials and many, many more. To cover all of the above costs a company must be able to sell its services or goods to its customers. The money received for these sales is called revenue or income if the revenue is greater than the cost of a company is said to be making a profit. ...read more.


R - Realistic. Can the business easily offer five additional products. T - Time constraints. Selecting a time scale gives and optional to check whether targets have been met and how successful they were. EasyJet EasyJet's mission statement is: To provide our customers with safe, good value, point to point air services. To effect and to offer a consistent and reliable product and fares appealing to leisure and business markets on a range of European routes. To achieve this we will develop our people and establish lasting relationships with our suppliers. Sainsburys Sainsburys mission statement is: Our mission is to be the consumer's first choice for food, delivering products of outstanding quality and great service at a competitive cost through working 'faster, simpler and together'. Business Portfolio October 03 Part A - Aims and objectives Mr. Laidlaw Jemma Murphy. ...read more.

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