What is a business objective? - newtonschool

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IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
• Class : Y10
• Lesson Topic: Business and the Environment
• Scheme of Work: Business Objective
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
Tell me three things...
about the topic we are studying.
Or,
you learnt in the last lesson.
STARTER
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
Questions you would like to ask
Today we will begin studying ____________.
What are the questions you would like
answered.
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
Noun Play
_________ is like (a) ________ because….
First blank is for the topic, concept etc.
Second blank is for the random noun.
e.g. Communication is like driving because…
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
P&D
Higher
thinking
Skills
Lesson Objectives
Planning and
Data
ALL
(KNOWLEDGE)
Describe a business main objective
MOST (ANALYSIS)
• Analyse a business objective
• SOME
(EVALUATION )
• Evaluate the usefulness of an objective
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
CONTRASTING
Although…
Except…
Moreover…
If…
However…
Yet…
Apart from…
Unless…
Despite…
As long as…
CAUSE & EFFECT
Consequently…
Due to…
As a result…
Therefore..
Because of…
Because…
CONCLUDING
Firstly…
After…
Secondly…
Before…
Overall…
I believe…
Finally…
I think …
In conclusion…
it depends…
To conclude…
short term…
Meanwhile…
Long term…
COMPARING
Equally…
As with…
Like…
In the same way…
Similarly…
Even so…
Likewise…
CONNECTIVES for Analysis
CONNECTIVES for Application
CONNECTIVES for Evaluation
EMPHASISING
Most importantly…
Significantly…
Notably…
Especially…
Above all…
In particular…
Indeed…
QUALIFYING
Despite…
Yet…
As long as…
Unless…
Apart from…
If…
Moreover…
Except…
However…
Although…
ADDING
In addition…
And…
Too…
Also…
Additionally…
As well as…
Furthermore…
ILLUSTRATING
For instance…
Such as…
In the case of…
So…
For example…
As revealed by…
As illustrated by…
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
What is a business objective?
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
Private sector
Objectives
PROFIT
MAX
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
Private sector objectives
• Survival
• Profit
• Growth
• Increase power (market share)
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
S.M.A.R.T Objectives
• Everybody makes objectives;
• Individuals, families and businesses.
• Your objective this year is a good
grade!
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
• Discuss with
your partner
how you would
make these
weights goals
SMART?
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
Public sector
Objectives
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
Public Sector objectives
• Non profit
• More about;
• Quality of service
• Improved satisfaction
• Reduce costs
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
CONTRASTING
Although…
Except…
Moreover…
If…
However…
Yet…
Apart from…
Unless…
Despite…
As long as…
CAUSE & EFFECT
Consequently…
Due to…
As a result…
Therefore..
Because of…
Because…
CONCLUDING
Firstly…
After…
Secondly…
Before…
Overall…
I believe…
Finally…
I think …
In conclusion…
it depends…
To conclude…
short term…
Meanwhile…
Long term…
COMPARING
Equally…
As with…
Like…
In the same way…
Similarly…
Even so…
Likewise…
CONNECTIVES for Analysis
CONNECTIVES for Application
CONNECTIVES for Evaluation
EMPHASISING
Most importantly…
Significantly…
Notably…
Especially…
Above all…
In particular…
Indeed…
QUALIFYING
Despite…
Yet…
As long as…
Unless…
Apart from…
If…
Moreover…
Except…
However…
Although…
ADDING
In addition…
And…
Too…
Also…
Additionally…
As well as…
Furthermore…
ILLUSTRATING
For instance…
Such as…
In the case of…
So…
For example…
As revealed by…
As illustrated by…
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
ATD
Exam style questions
A-A*
Apply to
demonstrate
1. Discuss
2. Evaluate
C-B
(8-12m) 8+ connectives & key words
1. Explain
2. Analyze
E-D
(5-7 m)
5+ connectives & key words
1. Identify
2. Define
(2-4m)
2 + connectives & key words
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
P&D
Higher
thinking
Skills
Lesson Objectives
Planning and
Data
ALL
(KNOWLEDGE)
Describe a business main activity
MOST (ANALYSIS)
• Analyse a business activity or external factor
SOME (EVALUATION )
• Evaluate the usefulness of a stakeholder to a businesses success.
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
Questions you would like to ask
e.g.
Today we have been studying_______________.
Think of 1 questions to ask other people in the class about
today’s lesson.
PLENARY
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
Freeze Frame
Students have to produce a freeze-frame showing one aspect of
their learning.
E.G. A communication method or a finance or a sector of the
economy
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
Spell a key word to
your friend using
sign language…
IGCSE Business Chp. Chp. 1 & 2
Keywords – Mission statement, objectives, profit maximization
Exam Question
E.g. Discuss whether a bank loan is suitable for business startup .
Start with; Discuss or Evaluate whether or To what extent is
________________________________________________________________________
_______________________________________________________________ (6m)
Write an exam question based on your learning today. Then, swap books
and answer someone else’s question.
Answer PLAN:
Intro – define key word
Explain 1 advantage (BLT)
Explain 1 disadvantage (BLT)
Conclude – I think, however, it depends…
3+ connectives
3+ key words
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