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Mission, objectives and strategy key terms
Study Mission, objectives and strategy with curriculum-aligned Key Terms resources, practice links, and exam-focused support.
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key terms
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Mission, objectives and strategy
Key terms
Strategic objectives and SWOT
Strategic objectives and SWOT is a Business concept used to analyse Analyse influences on mission, corporate objectives and functional objectives, including ownership, short-termism and internal and external environment.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
mission
mission should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
corporate objectives
corporate objectives affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
Strategic objectives and SWOT decision
Strategic objectives and SWOT decision has a financial impact when it changes costs, revenue, profit, cash flow, investment return, break-even output or ratio interpretation.
Strategic objectives and SWOT stakeholder impact
Strategic objectives and SWOT stakeholder impact becomes evaluative when advantages, disadvantages, risk, opportunity cost and business context are weighed rather than listed separately.
Strategic objectives and SWOT
Strategic objectives and SWOT is a Business concept used to analyse Explain links between mission, corporate objectives, strategy, tactics, functional decisions and SWOT analysis.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
mission
mission should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
corporate objectives
corporate objectives affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
strategy
strategy has a financial impact when it changes costs, revenue, profit, cash flow, investment return, break-even output or ratio interpretation.
tactics
tactics becomes evaluative when advantages, disadvantages, risk, opportunity cost and business context are weighed rather than listed separately.
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