Write characteristics and objectives of business organisation
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Business objectives are specific, time-limited actions that a business organization formally adopts and sets out to accomplish in order to meet its stated goals. Business objectives are important to the success of an organization because they give shape, focus and energy to the business's efforts. A strategic objective can also help motivate employees and achieve full buy-in from stakeholders. Well-crafted, useful business objectives also share common characteristics. To increase an organization’s chance of success in meeting these objectives, it’s important to also understand the characteristics of the business itself including its strategic plans. Furthermore, characteristic's examples of specific business objectives help others more fully commit to the process of meeting those goals.
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