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Why businesses do sets objectives and aims

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Introduction

Mr Edwards BTEC FIRST BUSINESS PURPOSE UNIT 1 Exploring Business Purpose Assignment 6 Assignment 6 Why businesses do sets objectives and aims: In this report I am going to describe and show the key aims and objectives in Business by different sectors and the main functional areas that support business organizations. Underneath shows my typical mind map of business aims. Businesses use Mission Statement: In many businesses communication is the main objects in the form of a mission statement and they also have aims as well. If they want to really achieve it for the future and brings some new with more successes in their businesses, so they have to fallow some steps like put their all efforts and by hard work on workers. Why business sets aims: An aim is where the business wishes and wants to go in the future, its like goals and target. ...read more.

Middle

This can motivate the employees. It also enables the business to measure the progress towards to its stated aims. M1 - in merits work I am going to Compare and contrast the ownership, aim and objectives of businesses. Introduction In this report I will be writing about Oxfam and Thorpe's Park .I will also be writing about Thorpe Park's contrast the ownership, aims and their business objectives. A business aim is what the business is aiming for to and a business objective is how and what they are going to achieve there aims. Business objectives should be always SMART. This stands for Specific, Measurable, Achievable, Reliable and Time bound. Ownership of Thorpe Park's and Oxfam Similarities Differences They both are businesses Thorpe park's provides family entertainment and leisure but Oxfam is provides food and clothes to poor peoples. They both are global Thorpe is making profit and its private limited company and Oxfam is charity they are not allowed to make a profit at the end of year they have to spend all money and help poor people and provide services. ...read more.

Conclusion

Business aim: Every business has an aim and also wants to achieve when they start their business. A business aim is a long-term goal for a business. Objectives: however business has an objective as well. A business objective is a target, which a business can set for there company to help them achieve there overall aim for the business. Thorpe Park Thorpe Park's aim: * To be the global leader * To improve the performance of Thorpe Park's. * To appeal to more customers * To be the global leader in location based branded family entertainment Target ones business objectives may be * Improve the customer service of Thorpe parks by putting the workers on a 2-day course of how to deal with customers politely and how to be helpful. Then at the end of the two days, test each employee on what they have leant on how to deal with customers. ?? ?? ?? ?? BTEC FIRST BUSINESS UNIT 1: Exploring Business Purpose ...read more.

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