Monday, March 2, 2009

Define objectives. Discuss the characteristics of business objectives. Why should objectives be verifiable ?

Define objectives. Discuss the characteristics of business objectives. Why should objectives be verifiable ?
Objectives:
Objectives are concrete goals. They are time bound targets.

Characteristics of business objects

  • Objectives are multiple in number
  • objectives may be tangible or intangible
  • objectives have priority
  • objectives have hierarchy
  • objectives often clash with each other

Why should objectives be verifiable ?

Objective should be verifiable because they help controlling and co-ordinating function management

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