Only on StudentShare

Extract of sample

They fail to specify priorities and focus. (Daniel Petersen, 1995) Such objectives don't map the trip ahead - the finding of better worth and solutions for the client. The objectives must be:
Objectives set out what the business is trying to attain. Objectives can be set at two levels. These levels are Corporate and Functional level. At Corporate level the objectives concern the business or organization as a whole. Examples of corporate objectives might include:
There are several ways in which the objectives set by an organization can be communicated across effectively. The importance of communicating objectives is equal to the importance of setting them. As it's useless to set objectives if they are not properly communicated to the workers. The objectives of an organization shape its future deals and planning. The objectives of a company also help them in attracting potential customers. It is a vital task to communicate the objectives of the organization and these are the following ways that can be adopted to do so.
By distributing booklets it is meant that a written form of organization objectives is available to all the workers. The reason behind it to make sure that every employee is clearly aware of all the objectives, but there is a draw back as how many people are reading the booklet cannot be checked.
By putting up the objectives on the notice board makes sure that ever ...
Download paper


Setting objectives is the core activity that every business needs to do before starting any of their business operations. An objective is a specific stride, a landmark, which enables you to accomplish a purpose. Setting objectives involves a nonstop process of research and decision-making…
Author : odubuque

Related Essays

The importance of innovation along with evaluating the same in the growth and development of Fairfax Media Limited
The paper tells that innovation is often considered as the way towards the success. However, it is important to identify the impact and influence of innovation in every sense. Innovation can be used in the operational framework by adding technological values and at the same time can be used in business processes and stakeholder management to take it to the next level in the competitive business environment. However, it becomes important to identify the need and importance of innovation that will be followed by great number of changes within and outside the organisation. Change is inevitable...
14 pages (3514 words) Essay
Assignment 2
In this regard, the moral dilemma makes many businesses stagnate when it comes to development and intended expansion (Render et al., 2011). However, for Fran’s Fries the challenge posed is the need to hire additional pair of hands or not having to hire any. This is because the business has not yet established its customer capacity hence creating the problem. In this regard, this report will zone in on the steps that Fran’s Fries should take in ascertaining whether to hire the two nieces considering that it is a new eatery. This shall be through the use of the quality control theory and the...
5 pages (1255 words) Assignment
Assignment 2: JPMorgan Chase
The SEC and CFTC draw the statutory authority from three statutes, namely, the Securities Exchange Act of 1934 (“Exchange Act”), the Investment Company Act of 1940 (“Investment Company Act”) and the Investment Advisers Act of 1940 (“Investment Advisers Act”). The Dodd-Frank Act amended certain provisions of these statutes and expanded the scope of SEC and CFTC, including the creation of an oversight regime for the over-the-counter derivatives markets and hedge fund advisers, as well as enhanced supervision of credit rating agencies and clearinghouses. Foster and Enforce Compliance...
6 pages (1506 words) Essay
assignment 2
The Four Seasons Hotel and Resort provides the quarterly report for all the stakeholders as a means of reporting their performance. Through this report, the company tries to let its shareholders know how they have performed for the past time. The key matrixes provided are meant to compare the company’s performance presently with the previous year’s performance. After making their comparison, investors can therefore begin to gauge the financial credibility of the company (Weygandt and Jerry 32). This determines for the investors whether or not the company deserves their investment. The...
3 pages (753 words) Article
Strategic Management Practice Assignment
The strategic management practice has been analyzed with respect to the operations of the Virgin Trains. This required an analysis of the external and internal environment of Virgin Trains. The external analysis has been carried out using the theoretical frameworks of PESTEL and Porter’s Five Forces. The internal analysis takes into consideration the availability of resources and the core competencies of the company. This analysis has helped in addressing the strategic issues faced by the organization. The strategic management practice has helped the company to design an appropriate course...
19 pages (4769 words) Assignment
Management Consulting Assignment
Each type of their product has a specific focus. This paper is intends to provide a clear understanding of what Taylersons Malmesbury Syrups brand is, why and how it is managed, and what are the dynamics involved in managing brands in the present context of competitive market.
32 pages (8032 words) Research Proposal
Management, Leadership and Change assignment 2
According to Aluya (2009), successful transformation would require 70 – 80 percent leadership and only 10 – 30 percent management. Failure to plan is planning to fail. The foremost reasons following the botched change process is the opposition to change (Bean, 2014). A triumphant change principal will engage the members in the change process, and with this participation, the change will be probable.
12 pages (3012 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!