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there are mainly economic, social , personal objectives

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13y ago

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What objectives taken by the local business unit?

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Select a local business enterprise and find out the objectives it pursues?

There are many businesses to choose from. The student should personally visit a local business and find out what their objectives are. Then, form a presentation on that.


What is a SBU?

SBU stands for Strategic Business Unit, which is an independent unit within a larger company with its own business strategy and objectives.


Why should organization have objectives?

Organisation should have objectives because any business unit or enterprise are based on some guidelines. Objectives is necessary inorder to know what any business is upto. How they are regulated. Are they to satisfy want or just maximise profit.


Management by objectives works best the objectives of each organizational unit are derived from?

The objectives of the next higher unit in the organization.


Why are aims and objectives important to a business?

Aims and objectives are important to a business because it gives them a 'sense of direction'- in other words, it shows a business what its goals are and what the business wants to do. There are different types of objectives businesses have and range from corporate objectives that focus on what the business wants to achieve as a whole. Financial objectives that show a business what financial position a firm aims to be in. Other objectives include marketing objectives and HR objectives.


Select a local business enterprise and find out the objectives it pursues check why it does not pursue other objectives?

One example of a local business enterprise is a community bakery that focuses on providing fresh, artisanal bread and pastries. Its primary objectives include promoting local ingredients, fostering community engagement, and generating sustainable profits. The bakery may not pursue aggressive expansion or franchising objectives, as doing so could compromise its commitment to quality and the personalized customer experience it offers. By focusing on these specific objectives, the bakery strengthens its local identity and builds a loyal customer base.


What are the types of business objectives?

Financal objectives and social objectives.


Example of aims and objectives of a business?

aim is objectives


Why does a business need to have SMART objectives?

Because if you have smart objectives, you learn how to say no and your business will prosper.


Why do business organisations need objectives?

businesses needs objectives because to guide the business in a direction to growth and success. also without objectives a business wouldnot accomplish anything


What are the objectives of business?

one of the objectives of a business is to earn profit to improved their wealth.