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What is the key difference between a business aim and a business objective?

A
  • An aim is a short-term target checked weekly.
  • An objective is a general statement about business values.
B
  • An aim is a broad, long-term goal written in words.
  • An objective is a specific, measurable target with a figure and deadline.
C
  • An aim is a specific target with a figure and deadline.
  • An objective is a broad goal written in words.
D
  • An aim is a legal requirement imposed on the business.
  • An objective is an optional idea with no measurement.

Card 1 of 22

1.3.1a Financial aims and objectives Flashcards

  1. GCSE
  2. /Business
  3. /1.3.1a Financial aims and objectives

22 flashcards on Edexcel GCSE Business 1.3.1a Financial aims and objectives: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.

Flashcards