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Business Aims & Objectives , 2013 Year 9 GCSE Business Studies
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Business Aims & Objectives

Jan 02, 2016

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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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Page 1: Business Aims & Objectives

Business Aims & Objectives

, 2013Year 9 GCSE Business Studies

Page 2: Business Aims & Objectives

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)

Page 3: Business Aims & Objectives

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

Page 4: Business Aims & Objectives

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

Page 5: Business Aims & Objectives

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

Page 6: Business Aims & Objectives

What may/were the following aiming for?

How might they achieve these aims?

Page 7: Business Aims & Objectives

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

Page 8: Business Aims & Objectives

Miss Burr’s Sprite Spree!

It cost me 10p to buy these from CostCo!

What would be my FIRST

aim when selling these

on?

Page 9: Business Aims & Objectives

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!!!

Page 10: Business Aims & Objectives

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

Page 11: Business Aims & Objectives

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?

Page 12: Business Aims & Objectives

Miss Burr’s Sprite Spree!

Expand – Growth!!!

Page 13: Business Aims & Objectives

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

Page 14: Business Aims & Objectives

DO ALL BUSINESSES AIM FOR THE SAME THING?

Charity and an Entrepreneur?

Yes because…

No because…

Page 15: Business Aims & Objectives

Skate Shack

Watch Business Interactive and complete the activity

Page 16: Business Aims & Objectives

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

Page 17: Business Aims & Objectives

What could the Aims and Objectives be for these?

Page 18: Business Aims & Objectives

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