In this lesson 58 slide lesson, students will delve into the world of business objectives. They’ll learn the difference between aims (general goals) and objectives (specific, measurable targets).
Imagine a business as a ship. The captain’s aim is to sail the seven seas. But to do that, he needs objectives: a specific destination, a timetable, and a crew that knows where they’re going. That’s where management by objectives comes in.
We’ll also dive into the different goals businesses have. Some are all about making tons of money, while others want to save the planet. It’s like choosing between treasure or a hug.
Business Economics Playground
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