• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Business Studies Aims, objectives, and activities

Extracts from this document...


Aims, objectives, and activities Any successful business will have carefully planned and set goals and targets to work towards. A business sets these targets to ensure that they are working in a positive and efficient manner and to, in so far as possible, ensure success. Aims: An aim of a business is the overall goal of the business. For example, most businesses aim to make a profit or to expand. Objectives: Objectives are specific targets that a business sets to meet its aims. Examples of objectives include; * To increase sales revenue * To open new stores within the market. Activities: The activities of Schuh are the day to day operations of the business. ...read more.


Activities of Schuh The activities of Schuh can usually include; * Selling shoes and accessories * Sponsoring local events. This can be when Schuh will fund or help organise local events in the local community. * Manufacturing their own brand of shoes and accessories. How can reviewing Schuh's objectives and activities help the business to meet its aims * By periodically reviewing their objectives, Schuh can see if they are meeting their targets and are therefore working towards attaining their aims. If they are not meeting their targets then these targets may need to be changed and the reasons for this failure investigated. * Reviewing their objectives and activities also means that shareholders can monitor and assess how the business is going. ...read more.


If they are not doing this then changes may need to be made. * They can determine if their activities are allowing them to reach their objectives. If these activities are not then they may need to change the people responsible for performing the activities. * On the other hand Schuh may have exceeded their expectations in which case they will be able to set new objectives over the forthcoming period. * Reviewing activities can also allow Schuh to compare their activities with their competitors. They may need to change their activities in response to something their competitors are doing to make the business more competitive and more attractive to customers. ?? ?? ?? ?? Ali Shah Unit 1 P1 Manchester Academy Aims, Objectives, and Activities P1 ...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)

    This will keep the customers satisfied. Also by meaning that the cars are being taken away it means that they do not have to store the cars, this means that they can save time and continue with the work that they are doing without having to worry about the number that they produce.

  2. Business Studies Edexcel Coursework

    Newspapers/Magazines Though this option is costly, it would have a good effect on Errol's image. Monthly Harrow Council magazines are a good opportunity for Errol to make his garage's presence known. He could pay a good amount when his business is beginning to boom to get a good space in

  1. IGCSE Businesses Studies Revision Notes

    Next month's opening cash balance Debtors - People/businesses who haven't yet paid for your goods or services Creditors - People/businesses that haven't received your payment for their goods or services Profit and loss accounts Profit and loss account - Shows how the net profit and retained profit of a business

  2. tesco aims and objectives

    I.E green trays, degradable plastic bags. Tesco's have used objectives to cut down on energy, fuel and water spending on all there stores across Britain. They have a very refined way of recycling bins and trees, regenerating areas and lorry deliveries during of peak times.

  1. Aims & Objectives

    ways to increase that, to gain more profit Tesco has to reduce its cost and also increase its revenue. For higher revenue Tesco can purchase their stock from a different supplier for less and to increase the profit Tesco can also put on higher prices on each item.

  2. Business Studies

    for businesses * Debt Finance - Any money that a business has borrowed and owes * Equity finance - Internal sources of finance > Generally for Australian businesses the globalisation of Australian financial markets has resulted in a more flexible, competitive and market-orientated approach to finance * Geographic influences >

  1. Aims and Objectives of Apple and Mk Museum

    Apples inventions make Apple millions every year and there profit margin keeps rising with every invention and the new Iphone 5 is very successful and has become a iconic phone name and legacy.

  2. Business Studies- Unit 1- Stakeholders

    the price of their soft drinks are as competitive as possible, and also have a promise of good quality made to all customers: ?We measure key product and package quality attributes by focusing on ingredients and materials, and regulating manufacturing, bottling and distribution, of The Coca-Cola Company products to ensure

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