Limited companies must state the overall objectives of their business in which of the following documents?
Memorandum of understanding
Mission statement
Memorandum of association
Vision statement
Which of the following is essential to achieve any aim successfully?
Goal
Objectives
Strategy
Focus
Name the strategy to be adopted when the competitive and economic environment change and when a powerful rival enters the market or when an economic recession begins .
Growth
Profit maximization
Survival
Maximising shareholder value
What helps to direct , control and review the success of business activity?
Business aim
Business ethics
CSR
Which corporate objective is often suggested as being common among owners of small business who wish to live comfortable but do not want to work longer and longer hours in order to earn even more profit ?
Profit satisficing
Profit rationalization
None of the above
Which corporate objective aims to give maximum reward to the investors ?
Which objective puts the interests of share holders above those of other stakeholders ?
Maximising short term sales revenue
Maximizing shareholder value
Increasing market share
Expand MBO.
Management by Objectives
Management by Opposition
Management by Organization
Management Buy Out
The very long term goals which a business hopes to achieve .
Corporate aims
Targets
Mission
What comes at the top of the hierarchy of objectives pyramid ?
Corporate aim
Corporate objectives
Divisional objectives