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Lesson 1 - Organization Objectives Task 2

Reuters is meeting its objectives by starting to make a profit and becoming increasingly successful, showing it has achieved its aim of getting back to business. Having clearly stated company aims and objectives benefits managers and employees by providing a base for their work and allowing them to be inspired by accomplishing objectives over time. Increasing shareholder value, a corporate objective, could conflict with other objectives if the business focuses too much on shareholders and leaves other gaps unaddressed.

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Jose Antonio Ordonez
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703 views

Lesson 1 - Organization Objectives Task 2

Reuters is meeting its objectives by starting to make a profit and becoming increasingly successful, showing it has achieved its aim of getting back to business. Having clearly stated company aims and objectives benefits managers and employees by providing a base for their work and allowing them to be inspired by accomplishing objectives over time. Increasing shareholder value, a corporate objective, could conflict with other objectives if the business focuses too much on shareholders and leaves other gaps unaddressed.

Uploaded by

Jose Antonio Ordonez
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Lesson 1: Organization Objectives Task 2

Reuters achieving its aims 1.- What evidence is there that Reuters is meeting its objectives? The evidence that Reuters has meat its aims is that they had started to make profit and that the company is becoming increasingly successful. This gives evidence because maybe one of the objectives of the company was to make money and get back to business and these shows they have manage this. 2.- Explain two benefits to managers and other employees of the company from having clearly stated company aims and objectives One benefit by clearly stated company aims and objectives is that they have like a base to start working because they know they have to accomplish the aims and objectives. Another benefit can be maybe that managers and employees can get inspired and work better by seeing that little by little they are managing to accomplish those aims and objectives. 3.- To what extent does the policy of increasing shareholder value ( a corporate objective) conflict with other objectives the business might have. Increasing shareholder value might conflict with other objectives the business might have because maybe the business will focus more on the shareholder value and there might be gaps that the business is leaving behind.

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