Business Studies, asked by Vigilante01, 2 months ago

Give example of a business objective and strategy to attain such objective.

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Answered by Devarpita11
3

Answer:

Strategic Goals Based On Your Industry

What business are you in? If you’re operating in a fast-growing industry like IT, technical services, or construction, you should choose objectives that match your growth goals and include movement in a positive direction. For example, those might include launching a new product or increasing gross revenue within the next year. If you’re in a slow-growing industry, like sugar manufacturing or coal-power production, choose company objectives that focus on protecting your assets and managing expenses, such as reducing administrative costs by a certain percentage.

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