Zebra
A word that refers to the clear targets a company sets to help achieve its goals and stay on track.
What are business objectives?
The timeframe for a short-term objective
What is within a year?
This statement describes what a business hopes to become in the future.
What is a vision statement?
The characteristics that state an objective must have a deadline.
What is timely?
Goal of medium-term objectives.
What is growth and improvement?
These are long term goals that an organization hopes to achieve over a specific amount of time.
What are strategic objectives?
Reason businesses set objectives to guide daily decisions
What is to provide direction?
This statement explains a business’s purpose and main activities.
What is a mission statement?
Specific goals set for different departments throughout an organization.
What are operational objectives?
The 3–5 year objective.
What is long-term objective?
These are tactical, strategic and operational objectives
What are the hierarchy of objectives?
The role objectives play in coordinating tasks across departments
What is ensuring all activities work towards the same goal?
Short operational goals.
What are short-term objectives?
These are five qualities- specific, measurable, achievable, relevant and timely
What is SMART?
Objectives allow managers to compare results with expectations through this process.
What is measure of performance?
A phrase that describes what a business does and the essential goals that guide its direction
What is nature of a business objective?
Short term goals that support larger, long-term objectives.
What are tactical objectives?
Objective that requires groundwork planning
What is the medium-term objective?
This type of statement answers the question “Where do we want to be?”
What is a vision statement?
Goals must be realistic and achievable, represented by this letter.
What is R?