• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21

business aims and objectives

Extracts from this document...


eWave Computers Aims and Objectives In order for a business to survive, the company must have aim and objectives. These aims and objectives should be in the company's business plan. Aims and objectives will facilitate them in making money. A business needs aims and objectives in the business plan because the company is loaning out money. The person who will be loaning the money will want to know if he or she will get the money back. An aim is a list of thing that a business desires to accomplish, weather it making a profit or being providing a good service. It is vital for a business to have aims because they want to know what they will achieve with the business. Referring back to the business which I have set up in class. The business has aims and objectives. We named our business Cantore the business we setup was a canteen. Some of the aims which are in the business plan are as followed: * To make a profit. * To keep our customers satisfied. * Make sure our company can survive. * Maximising the sales. We believed that the aims we setup were suitable for our business. This is because we knew that our business will be a small start up firm and we didn't aim for anything that was out of our reach. The objectives are the targets which a business set itself to check that it is going to achieve the aims. In other words an objective is the things that will help a business attain its aims. These objectives must be SMART. The word SMART means that the objectives ought to be S- specific (suitable for the company), M- measurable, A- Attainable (some thing the company will be able to do), R- realistic and T- Time (E.g. how long it's going to take). It is crucial for a business to have objectives because the owners then will be informed if the business is reaching its aims. ...read more.


* Build a strong residual income through website design and maintenance and online advertising which will now be their primary activity. * Build partnerships with smaller companies through activities to publicise the company. Objectives I would set them are: * Turnover of �200,000 by December 2007. * Net profit of 10% from January 2007 - June 2007 and 20% from July 2007 - December 2007. * 33% gross margin by December 2007. * Establish a minimum of 3 online services per week. * Advertise to a minimum of 100 businesses by December 2007. I believe eWave have the potentials to be a real threat to the business industry. However if they continue the way they are going they will achieve nothing. I have recommended many aspects which are strong and week. I have faith that if they concentrate on these aspects they will eventually be successful. Report on the market for home computers PC sales has fallen dramatically for fifteen years, this was due to the slow economic growth. This widespread hit the US which accounts 40% of the world market. A research firm named "Gartner Dataquest" has revealed that this is mainly due to the poor economy. The poor economy was due to the fact that there was unemployment this meant that people didn't have enough money to buy services or items. The name to this situation is rescission. People are worried that the slow growth of the computer industry is reaching Europe and Asia. Despite the downfall in computer sales US giants Dell still managed to hold the top spot as market leaders. Earlier this year Dell took over the top spot from Compaq. Dell increased its share of global sales to 13.8%, up from 11% a year ago. Tiny was a renowned company in the computer industry. Tiny's arch computer rivals time bought the company through its shares. The company had new plans. ...read more.


There share price was decreasing as more shareholders were pulling out because they believed Sainsbury will become bankrupt then they turned to Tesco as they were taking all there customers. Sainsbury's has issued three profit warnings that year as problems mounted, and since the start of 2004 its shares have underperformed rival food retailers by 23% Cash flow because customers were leaving to there rival. Stock because they had improper stock control and people weren't getting there need as it was out of stock. Shares, share holders left because they believed Sainsbury will become bankrupt. Recommendation As I stated before no business is perfect there always is space for improvements. I believe that Sainsbury's should start to improve where they got their main issue. Issues like stocks. A lot of stock is lost by theft. This will affect the cash flow as food is being stolen so the company will make fewer profits. Theft is happening every from customers to staff. This is why I believe that security should be improved. Security should be improved. There are many ways where security can be improved. For instance face recognition. This system will recognise the face of people who have been previously convicted of theft. The system will automatically alert the guard they will either monitor the person or tell them to leave. More over staff will also be monitored for thet as some staff do steal. Many customers complain of waiting in quays. If Sainsbury's introduce the self check out system then not many people will be complaining. This system goes by it name the customers pay the money of the good to the computer. The customer check them self out. Figure 7- an example of a self check out Taste of Success Active Kids complements our successful 'Taste of Success' programme. This promotes food education and cookery in schools. Supported by the Department for Education and Skills, more than 250,000 school children have been involved so far. ?? ?? ?? ?? Page 1 of 24 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Business, Companies and Organisation, Activity essays

  1. Marked by a teacher

    In this piece of coursework I will talk about the activities that Jaguar Cars ...

    5 star(s)

    on time and this would mean that the customers will be satisfied because of this. Also by using these computer aids it means that the work that is produced will be a lot neater as it will be formatted a lot clearer.

  2. Business Studies Edexcel Coursework

    External Secondary data Errol can retrieve from outside the organisation. Internet Errol would easily be able to find out about competition and different testimonials of customers on websites and searching through search engines. Also, it does not cost Errol any money.

  1. tesco aims and objectives

    They also offer halal meat for vegetarians and Muslims. Many customers buy from Tesco because of their Club card. Tesco get the low prices from the central buying system. It shows that Tesco have been able to grow sales and expand their services and satisfy the customers.


    * If you are confident when communicating it promotes trust between you and the person/s with whom you are communicating with. * It also means they take you seriously when you are communicating with customers' or other members of your team or company.

  1. Aims & Objectives

    for example, Tesco don't want this so they need to ensure that everything about them is perfect, this helps them to survive. Although the survival of Tesco in the UK is not in question because they make the most profit compared to the other leading supermarket and also they make

  2. Business Aims and objectives

    General Theory on Objectives Objectives are small steps businesses take to reach an aim. There are normally more than 1 or 2 objectives to reach an aim. Objectives take much shorter time than an aim does. An example of an objective for a large business could be to provide high

  1. Functional Areas Report

    They have to make sure that all the people that need to be there are all there. A disadvantage of meetings is that they can take staff away from other jobs. Most meeting have a chair or chairperson, this person's job is to make sure the meeting goes smoothly and

  2. Aims and Objectives of Apple and Mk Museum

    on the website and for Apple some was on the Apple website and some was located on different websites which are located in my bibliography. The competitors of the business Apple are other phone companies like Samsung for example who always try to compete with Apples new products but so

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work