Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Opening a local brewery in canada Non-Financial Objectives Your businesss non-financial objectives may have a financial component, but move beyond financial targets alone. Common objectives

Opening a local brewery in canada

Non-Financial Objectives

Your businesss non-financial objectives may have a financial component, but move beyond financial targets alone. Common objectives include capital improvements (such as the addition of new automation facilities to the microbrewery, the management and interaction you have with employees (i.e., employee turnover or satisfaction levels), customer satisfaction levels, marketing channel management, and the expansion into other markets. You may also want to include objectives that refer to your anticipated position within your competitive set, and your general competitive position.

There are many areas that you should be targeting that will lead to long-term sustainability of the property. You are running this microbrewery for 5 months but should be thinking long term. The expectation is that you will not only achieve superior operating results in the immediate future that you run the microbrewery. You will set it up for long-term success your non-financial and financial objectives should reflect that.

They must be:

1. Clear & Specific

2. Achievable yet challenging

3. Measurable & time-bound

You are required to provide a minimum of six non-financial objectives but are free to provide more. For each objective, indicate how it will be measured.

Objective 1

Objective 2

Objective 3

Objective 4

Objective 5

Objective 6

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance A Quantitative Introduction

Authors: Nico Van Der Wijst

1st Edition

1107029228, 978-1107029224

More Books

Students also viewed these Finance questions

Question

4 How do you see the future of integrative approaches to coaching?

Answered: 1 week ago

Question

Identify three improper customer etiquette behaviors.

Answered: 1 week ago