Why Do Businesses Need to Set Aims and Objectives?

Answer

Businesses set aims and objectives, so as to be able to measure their progress towards their stated goals for a particular financial term or business period. Aims indicate where the business wants to be in the future, whereas objectives set a clearly defined target for the business. In most businesses, plans are drawn up for the business to achieve these aims and targets.
Q&A Related to "Why Do Businesses Need to Set Aims and Objectives"
without aims and objectives there is no meaning to the business. Aims and objectives give meaning to success of planning, directing, staffing, organisations and controlling.
http://wiki.answers.com/Q/Why+does+each+business+s...
Businesses set aims and objectives, so as to be able to measure their progress towards their stated goals for a particular financial term or business period. report this answer. Updated
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Have you ever purposefully walked to an unknown destination? Really? How did you get there? With no guidance you will not perform well, nothing can and nothing does. Unless your goal
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Because it can help them to make the clear plan and take effective measures to meet the aims. Anonymous
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2 Additional Answers
Business activity is focused around the achievement of business aims and business objectives.
The reasons for businesses setting aims and objectives include; it causes the business owner to remain focused, it helps in evaluating the business?s performance, it helps in setting time lines on when certain business projects should be accomplished and it motivates the owner of the business to strive to achieve the set aims and objectives in the time allocated.
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