What is this business's objectives when stepping
in to today's market? From MKTG I really do like their quick sample of what
basic business objectives are.
“The fundamental objectives of most businesses are
survival, profits, and growth”
(MKTG,13)
The reason I like this definition
is it truly is the trifecta of objectives. Through profit you will see growth
and thus have survival in the business world. Especially for this product I
like these objectives simply because they work for the product market. Frozen
sweet treats have to survive the winter and can only expand through sizable
profit in the summer. Thus our three objectives are survival, profit, and
growth although very basic they are very universal and are truly reachable
objectives in today’s economy. Which is something that is constantly changing so you
must find an objective that is flexible in today’s roller coaster economy. This
is why I find it to be so essential in businesses to have these three
objectives.
“Executives often ensconce
themselves in the buying process because they want to understand current business issues, establish project objectives, and
set the overall project strategy.” (MKTG,131)
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