1.3 Organizational objectives

The long-term aspirations of success of a firm, usually communicated publicly through a statement

• CSR

• Strategy

• Tactical objectives

• Vision

The short-term actions that firms use to achieve their objectives

• Visions

• SMART

• Tactics

• Analysis

Objectives that are precise and quantifiable

• WAIT

• SMART

• CLEAR

• Tactics

Plans of action that a firm uses to achieve its medium to long-term objectives

• Strategies

• SMART objectives

• SWOT

• Tactics

The declaration of a firm¨s overall purpose

• Strategic plan

• Mission statement

• Annual Report

• Code of Practice

One limitation of acting ethically as a business is

• Poor brand image

• Less demotivated employees

• Decreased pressure group complaints

• None of the above

The moral principles that guide decision-making

• Profit

• Ethics

• Growth

• Laws

The conscientious consideration of the external impact of a business' activities to all stakeholders

• JIT

• CSR

• NBIT

• SMART

The view of CSR that all organisations should aim to provide positive benefits to society regardless of the financial impacts is known as the __________ view of CSR

'Tactic' is the same as 'Tactical Objective'.

• True

• False