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What does achievable mean in business?

Updated: 4/28/2022
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10y ago

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The term achievable in business refers to any businesses goal that is a reasonable based on the company's capabilities . This could be the some but not all of the following areas:

* higher profits;

* pay less taxes;

* expand domestically or internationally;

* become a public corporation rather than stay private;

* increase lines of credit with banks;

* create a new product line;

* expand by buying another company;

* decrease the number of employees;

* create a new sales incentive plan;

* buy back the company's own stock;

* increase the number of people on the board of directors; and

* cut production costs.

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