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Standard Grade Business Management - Aims and Objectives of Business

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Musselburgh Grammar School
Musselburgh Grammar School
Economy & FinanceBusiness
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Why Do Businesses Exist? Aims & Objectives
What is an aim? ,[object Object]
Businesses Exist ... ,[object Object],[object Object],[object Object],[object Object]
Let’s look at each of these ...
To develop a good idea ... ,[object Object],[object Object],[object Object]
Virgin started off as a mail order record business but now includes ... ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object]
 Read the article on Worksheet Why Businesses Exist – Worksheet 1 and answer the questions
Still looking at why businesses exist ...
To make a profit ... ,[object Object],[object Object],[object Object]
For charitable reasons ... ,[object Object],[object Object],[object Object],
To provide a public service ... ,[object Object]
Public Services include ... ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
WHAT ARE THE AIMS OF BUSINESSES?
Most profit-seeking businesses aim to achieve some of the following
Survival ,[object Object]
Growth ,[object Object],[object Object]
Maximising Profit ,[object Object]
Increasing Market Share ,[object Object]
Efficiency ,[object Object]
Quality ,[object Object],[object Object]
Some businesses aim to do things other than just making money. Body Shop and The Co-op are examples of organisations which have much wider aims.
Improving conditions ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
[object Object]
[object Object],[object Object],[object Object],[object Object]
  Access the website for Gillette at gillette.com and answer the questions on Worksheet Why Businesses Exist – Worksheet 2
A Charity might also have different aims ...
[object Object],[object Object],[object Object],[object Object]
  A nswer the questions on Worksheet Why Businesses Exist – Worksheet 3
Public Sector organisations might also have different aims ...
[object Object],[object Object],[object Object],[object Object]

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Standard Grade Business Management - Aims and Objectives of Business

  • 1. Why Do Businesses Exist? Aims & Objectives
  • 2.
  • 3.
  • 4. Let’s look at each of these ...
  • 5.
  • 6.
  • 7.
  • 8. Read the article on Worksheet Why Businesses Exist – Worksheet 1 and answer the questions
  • 9. Still looking at why businesses exist ...
  • 10.
  • 11.
  • 12.
  • 13.
  • 14. WHAT ARE THE AIMS OF BUSINESSES?
  • 15. Most profit-seeking businesses aim to achieve some of the following
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22. Some businesses aim to do things other than just making money. Body Shop and The Co-op are examples of organisations which have much wider aims.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.   Access the website for Gillette at gillette.com and answer the questions on Worksheet Why Businesses Exist – Worksheet 2
  • 28. A Charity might also have different aims ...
  • 29.
  • 30.   A nswer the questions on Worksheet Why Businesses Exist – Worksheet 3
  • 31. Public Sector organisations might also have different aims ...
  • 32.