What are the aims and objectives of a public limited company?
A public limited company is set up to make a company a legal person and therefore making the company liable for any loss or bankruptcy. i.e. if it goes bankrupt only the company will be chased and not those who run it.
A p.l.c. issues shares which are units of ownership and these are open for the general public. Each 3/4/5 years a board of directors is elected during the AGM - Annual General Meeting.
the biggest disadvantage of a p.l.c. is that if the company goes bankrupt all the shareholders will lose their money which they invested.
The business environment changes everyday, in order for a company to keep in sync with the business environment they must set themselfs aims and objectives that need to be met. Once aims and objectives have been met, the company can then set new aims and objectives. Hope that answered your question.
Aims could be defined as intentions or tendencies a company or individual has to do something or work on a project to be able to achieve a particular goal. Objectives do work together with aims to be able to come to an unbiased conclusion of the intended project herein giving someone or company successful end.