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Sophie
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Hi can someone please tell me what a business objective is, and what objectives wud a business generally have?
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pedy1986
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(Original post by Sophie)
Hi can someone please tell me what a business objective is, and what objectives wud a business generally have?
profit maxamisation.
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AT82
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To exploit oppurtunities and capture the market.
To provide jobs for employees
To make profit (as Corey said)
To provide a product or service to customers
To be a benefit to stakeholders.
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George-W-Duck
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(Original post by Sophie)
Hi can someone please tell me what a business objective is, and what objectives wud a business generally have?
To make a profit
To increase the customer base
To build a good public reputation
To increase market share
To become market leader

Theres loads, as long as theyre quantifiable theyre useful (mine arent but if you add i figures they should be). However if youre doing a feasibility study coursework like me the list of objectives is different.
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LA$_VEGA$
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(Original post by Sophie)
Hi can someone please tell me what a business objective is, and what objectives wud a business generally have?
An objective may begin as a mission statement, eg. "our aim is to provide quality service to customers etc", then it would name its objectives more specifically, "increase market share to 4% in the second year of operation"

hope that helps :s
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pedy1986
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the ultimate objective is to maxamise profits, anything else they do is in order to achieve this. Common sense really (assuming a rational firm)
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gemgems89
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(Original post by Sophie)
Hi can someone please tell me what a business objective is, and what objectives wud a business generally have?
Well to start with their objective would be survival and recognition giving repeat trade.

Then, once the business is going they will be looking to maximise.
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