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Business Aims & Objectives. , 2013 Year 9 GCSE Business Studies. Learning Objectives. £To know the difference between a business aim and a business objective (E-D) ££To understand why businesses have different aims and objectives, and why they are set (C-B) - PowerPoint PPT Presentation
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Business Aims & Objectives
, 2013Year 9 GCSE Business Studies
Learning Objectives
£ To know the difference between a business aim and a business objective (E-D)
££ To understand why businesses have different aims and objectives, and why they are set (C-B)
££ To apply aims and objectives to different types of business (C-B)
Starter Activity
What if the world ran out of petrol tomorrow
What if it was never going to be over 25*C in Brentwood forever
What if you had to stay in compulsory education until after University
What if Police went on strike for a week What if televisions were not to be used on
a Saturday
Scenario David Beckham has retired and wants
to keep himself busy, so he has decided to set up a business selling replica sports shirts.
He decides to hire a small stall in Camden market, and has decided to work 7 days a week.
With every purchase- David said that he will sign the shirt to help boost early sales
In the future David wants to replace his stall with his own shop
Aims and Objectives
An Aim: A large broad, unspecific target that a business has set for itself in the future
An Objective: Smaller tasks that will all contribute to the completion of the main aim
What may/were the following aiming for?
How might they achieve these aims?
Learning Objectives
To know the difference between a business aim and a business objective
To understand why businesses have different aims and objectives – and why they are set
To apply aims and objectives to different types of business
Miss Burr’s Sprite Spree!
It cost me 10p to buy these from CostCo!
What would be my FIRST
aim when selling these
on?
Miss Burr’s Sprite Spree!
One year on…..What would I hope to be able to do when selling my cans of Sprite after a year?
Selling them for 14p!!!
Miss Burr’s Sprite Spree!
18 months on….
What would I hope to be able to do when selling my cans of Sprite after 18 months?
Provide a GOOD Customer Service
Miss Burr’s Sprite Spree!
2 years on….
What would I hope to be able to do when selling my cans of Sprite after 2 years?
Miss Burr’s Sprite Spree!
Expand – Growth!!!
Typical Business Aims
Survival- Making sure the business is able to trade next year
Make a profit Provide a GOOD service Growth- Increase in size may mean more
customers and more shops etc
DO ALL BUSINESSES AIM FOR THE SAME THING?
Charity and an Entrepreneur?
Yes because…
No because…
Skate Shack
Watch Business Interactive and complete the activity
Learning Objectives
To know the difference between a business aim and a business objective
To understand why businesses have different aims and objectives, and why they are set
To apply aims and objectives to different types of business
What could the Aims and Objectives be for these?
Learning Objectives
To know the difference between a business aim and a business objective
To understand why businesses have different aims and objectives, and why they are set
To apply aims and objectives to different types of business
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