Unit 5. Business Objectives

Understanding business objectives and stakeholders' conflicting needs

BizTerm

  1. Business objective

  2. Profit

  3. Market Share

  4. Market Share formula

  5. Share Price

  6. Social Enterprise

  7. SMART Objectives

  8. Corporate Social Responsibilities

Essential Questions

  1. Explain why businesses need objectives and the different objectives that can be set

  2. Identify what stakeholder groups are and analyze their objectives.

  3. Evaluate potential conflicts between different groups of stakeholders

Lesson Resources

5 - Types of Organisations

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