What you’ll learn2 learning objectivesChoose one objective for a focused lesson, or study the complete topic.1.4.1Business objectives• Business objectives in the private sector and public sector- the objectives of businesses - private sector, public sector, and social enterprises- the importance of business objectives- corporate social responsibility (CSR) and the triple bottom line - economic (financial), social and environmental objectives- the relationship between mission statement, aims, objectives, strategy and tacticsSyllabus objective1.4.2Objectives and decisions• Objectives and business decisions- the different stages of business decision-making and the role of objectives in the stages of business decision-making- how objectives might change over time- the translation of objectives into targets and budgets- the need for communication of objectives and their likely impact on the workforce- SMART (specific, measurable, achievable, realistic, time-limited) objectives- how ethics may influence business objectives and activitiesSyllabus objective