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Unit 7: Business Mission, Objectives, and Strategies - A-Level Business Studies (AQA)

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user profile picture

Amelia

12/12/2025

Business

Mission, Corporate Objectives and Strategy (Unit 7) BUSINESS STUDIES A-Level (AQA)

546

12 Dec 2025

2 pages

Unit 7: Business Mission, Objectives, and Strategies - A-Level Business Studies (AQA)

user profile picture

Amelia

@amelia.21

Let's explore how businesses set their direction through mission, objectives,... Show more

Mission, Objective and Strategy

1. Mission = overall purpose
2. Objectives = goals set to achieve mission
   * Profit, growth, survival, ca

Mission, Objectives and Strategy

Every business needs direction. A mission defines the overall purpose, while objectives are specific goals set to achieve that mission. These objectives might focus on profit, growth, survival, cash flow, or social/ethical considerations depending on the business type.

Ownership structure dramatically impacts objectives. For-profit businesses will have different goals than non-profits, and sole traders have more freedom than limited companies with shareholders. This can lead to short-termism when shareholders demand quick returns, potentially sacrificing long-term benefits.

A business's internal environment (size, culture, resources, management views) and external environment PESTLEfactorsPolitical,Economic,Social,Technological,Legal,EnvironmentalPESTLE factors - Political, Economic, Social, Technological, Legal, Environmental shape its objectives. For example, economic downturns might shift focus from growth to survival.

Remember this: Strategies are the medium to long-term plans that help achieve objectives, while tactics are the day-to-day activities that implement the strategy. The larger the business, the more formal and clearly defined these strategies tend to be.

Functional decision-making happens at the departmental level and is guided by strategic decisions. Strategic decisions are long-term and high-risk, determining the overall direction, while functional decisions are short-term and lower risk.

Mission, Objective and Strategy

1. Mission = overall purpose
2. Objectives = goals set to achieve mission
   * Profit, growth, survival, ca

SWOT Analysis

SWOT Analysis helps businesses understand their competitive position and develop effective strategies. This framework examines Strengths and Weaknesses (internal factors) alongside Opportunities and Threats (external factors from the PESTLE environment).

This strategic tool provides a factual and objective way to assess a business's circumstances. When planning strategy, managers can focus on opportunities that build on strengths, convert weaknesses into strengths, and manage potential threats effectively.

One of the key advantages of SWOT analysis is its flexibility. It can be easily repeated to account for changing conditions, allowing businesses to adapt their strategies accordingly. This is particularly valuable in today's rapidly changing business environment.

Pro tip: A well-conducted SWOT analysis highlights a business's competitive advantages over rivals, enabling them to adjust their strategy to emphasize these unique strengths.

By systematically examining these four areas, businesses can make more informed decisions and create strategies that maximize their chances of success while minimizing potential problems.



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This app is really great. There are so many study notes and help [...]. My problem subject is French, for example, and the app has so many options for help. Thanks to this app, I have improved my French. I would recommend it to anyone.

Samantha Klich

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Wow, I am really amazed. I just tried the app because I've seen it advertised many times and was absolutely stunned. This app is THE HELP you want for school and above all, it offers so many things, such as workouts and fact sheets, which have been VERY helpful to me personally.

Anna

iOS user

Best app on earth! no words because it’s too good

Thomas R

iOS user

Just amazing. Let's me revise 10x better, this app is a quick 10/10. I highly recommend it to anyone. I can watch and search for notes. I can save them in the subject folder. I can revise it any time when I come back. If you haven't tried this app, you're really missing out.

Basil

Android user

This app has made me feel so much more confident in my exam prep, not only through boosting my own self confidence through the features that allow you to connect with others and feel less alone, but also through the way the app itself is centred around making you feel better. It is easy to navigate, fun to use, and helpful to anyone struggling in absolutely any way.

David K

iOS user

The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!

Sudenaz Ocak

Android user

In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.

Greenlight Bonnie

Android user

very reliable app to help and grow your ideas of Maths, English and other related topics in your works. please use this app if your struggling in areas, this app is key for that. wish I'd of done a review before. and it's also free so don't worry about that.

Rohan U

Android user

I know a lot of apps use fake accounts to boost their reviews but this app deserves it all. Originally I was getting 4 in my English exams and this time I got a grade 7. I didn’t even know about this app three days until the exam and it has helped A LOT. Please actually trust me and use it as I’m sure you too will see developments.

Xander S

iOS user

THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮

Elisha

iOS user

This apps acc the goat. I find revision so boring but this app makes it so easy to organize it all and then you can ask the freeeee ai to test yourself so good and you can easily upload your own stuff. highly recommend as someone taking mocks now

Paul T

iOS user

The app is very easy to use and well designed. I have found everything I was looking for so far and have been able to learn a lot from the presentations! I will definitely use the app for a class assignment! And of course it also helps a lot as an inspiration.

Stefan S

iOS user

This app is really great. There are so many study notes and help [...]. My problem subject is French, for example, and the app has so many options for help. Thanks to this app, I have improved my French. I would recommend it to anyone.

Samantha Klich

Android user

Wow, I am really amazed. I just tried the app because I've seen it advertised many times and was absolutely stunned. This app is THE HELP you want for school and above all, it offers so many things, such as workouts and fact sheets, which have been VERY helpful to me personally.

Anna

iOS user

Best app on earth! no words because it’s too good

Thomas R

iOS user

Just amazing. Let's me revise 10x better, this app is a quick 10/10. I highly recommend it to anyone. I can watch and search for notes. I can save them in the subject folder. I can revise it any time when I come back. If you haven't tried this app, you're really missing out.

Basil

Android user

This app has made me feel so much more confident in my exam prep, not only through boosting my own self confidence through the features that allow you to connect with others and feel less alone, but also through the way the app itself is centred around making you feel better. It is easy to navigate, fun to use, and helpful to anyone struggling in absolutely any way.

David K

iOS user

The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!

Sudenaz Ocak

Android user

In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.

Greenlight Bonnie

Android user

very reliable app to help and grow your ideas of Maths, English and other related topics in your works. please use this app if your struggling in areas, this app is key for that. wish I'd of done a review before. and it's also free so don't worry about that.

Rohan U

Android user

I know a lot of apps use fake accounts to boost their reviews but this app deserves it all. Originally I was getting 4 in my English exams and this time I got a grade 7. I didn’t even know about this app three days until the exam and it has helped A LOT. Please actually trust me and use it as I’m sure you too will see developments.

Xander S

iOS user

THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮

Elisha

iOS user

This apps acc the goat. I find revision so boring but this app makes it so easy to organize it all and then you can ask the freeeee ai to test yourself so good and you can easily upload your own stuff. highly recommend as someone taking mocks now

Paul T

iOS user

 

Business

546

12 Dec 2025

2 pages

Unit 7: Business Mission, Objectives, and Strategies - A-Level Business Studies (AQA)

user profile picture

Amelia

@amelia.21

Let's explore how businesses set their direction through mission, objectives, and strategies. Understanding these concepts is essential for anyone studying business, as they form the foundation of how organisations make decisions and plan for the future.

Mission, Objective and Strategy

1. Mission = overall purpose
2. Objectives = goals set to achieve mission
   * Profit, growth, survival, ca

Sign up to see the contentIt's free!

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Improve your grades

Join milions of students

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Mission, Objectives and Strategy

Every business needs direction. A mission defines the overall purpose, while objectives are specific goals set to achieve that mission. These objectives might focus on profit, growth, survival, cash flow, or social/ethical considerations depending on the business type.

Ownership structure dramatically impacts objectives. For-profit businesses will have different goals than non-profits, and sole traders have more freedom than limited companies with shareholders. This can lead to short-termism when shareholders demand quick returns, potentially sacrificing long-term benefits.

A business's internal environment (size, culture, resources, management views) and external environment PESTLEfactorsPolitical,Economic,Social,Technological,Legal,EnvironmentalPESTLE factors - Political, Economic, Social, Technological, Legal, Environmental shape its objectives. For example, economic downturns might shift focus from growth to survival.

Remember this: Strategies are the medium to long-term plans that help achieve objectives, while tactics are the day-to-day activities that implement the strategy. The larger the business, the more formal and clearly defined these strategies tend to be.

Functional decision-making happens at the departmental level and is guided by strategic decisions. Strategic decisions are long-term and high-risk, determining the overall direction, while functional decisions are short-term and lower risk.

Mission, Objective and Strategy

1. Mission = overall purpose
2. Objectives = goals set to achieve mission
   * Profit, growth, survival, ca

Sign up to see the contentIt's free!

Access to all documents

Improve your grades

Join milions of students

By signing up you accept Terms of Service and Privacy Policy

SWOT Analysis

SWOT Analysis helps businesses understand their competitive position and develop effective strategies. This framework examines Strengths and Weaknesses (internal factors) alongside Opportunities and Threats (external factors from the PESTLE environment).

This strategic tool provides a factual and objective way to assess a business's circumstances. When planning strategy, managers can focus on opportunities that build on strengths, convert weaknesses into strengths, and manage potential threats effectively.

One of the key advantages of SWOT analysis is its flexibility. It can be easily repeated to account for changing conditions, allowing businesses to adapt their strategies accordingly. This is particularly valuable in today's rapidly changing business environment.

Pro tip: A well-conducted SWOT analysis highlights a business's competitive advantages over rivals, enabling them to adjust their strategy to emphasize these unique strengths.

By systematically examining these four areas, businesses can make more informed decisions and create strategies that maximize their chances of success while minimizing potential problems.

We thought you’d never ask...

What is the Knowunity AI companion?

Our AI Companion is a student-focused AI tool that offers more than just answers. Built on millions of Knowunity resources, it provides relevant information, personalised study plans, quizzes, and content directly in the chat, adapting to your individual learning journey.

Where can I download the Knowunity app?

You can download the app from Google Play Store and Apple App Store.

Is Knowunity really free of charge?

That's right! Enjoy free access to study content, connect with fellow students, and get instant help – all at your fingertips.

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Most popular content: Business Strategy

Most popular content in Business

Most popular content

Can't find what you're looking for? Explore other subjects.

Students love us — and so will you.

4.9/5

App Store

4.8/5

Google Play

The app is very easy to use and well designed. I have found everything I was looking for so far and have been able to learn a lot from the presentations! I will definitely use the app for a class assignment! And of course it also helps a lot as an inspiration.

Stefan S

iOS user

This app is really great. There are so many study notes and help [...]. My problem subject is French, for example, and the app has so many options for help. Thanks to this app, I have improved my French. I would recommend it to anyone.

Samantha Klich

Android user

Wow, I am really amazed. I just tried the app because I've seen it advertised many times and was absolutely stunned. This app is THE HELP you want for school and above all, it offers so many things, such as workouts and fact sheets, which have been VERY helpful to me personally.

Anna

iOS user

Best app on earth! no words because it’s too good

Thomas R

iOS user

Just amazing. Let's me revise 10x better, this app is a quick 10/10. I highly recommend it to anyone. I can watch and search for notes. I can save them in the subject folder. I can revise it any time when I come back. If you haven't tried this app, you're really missing out.

Basil

Android user

This app has made me feel so much more confident in my exam prep, not only through boosting my own self confidence through the features that allow you to connect with others and feel less alone, but also through the way the app itself is centred around making you feel better. It is easy to navigate, fun to use, and helpful to anyone struggling in absolutely any way.

David K

iOS user

The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!

Sudenaz Ocak

Android user

In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.

Greenlight Bonnie

Android user

very reliable app to help and grow your ideas of Maths, English and other related topics in your works. please use this app if your struggling in areas, this app is key for that. wish I'd of done a review before. and it's also free so don't worry about that.

Rohan U

Android user

I know a lot of apps use fake accounts to boost their reviews but this app deserves it all. Originally I was getting 4 in my English exams and this time I got a grade 7. I didn’t even know about this app three days until the exam and it has helped A LOT. Please actually trust me and use it as I’m sure you too will see developments.

Xander S

iOS user

THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮

Elisha

iOS user

This apps acc the goat. I find revision so boring but this app makes it so easy to organize it all and then you can ask the freeeee ai to test yourself so good and you can easily upload your own stuff. highly recommend as someone taking mocks now

Paul T

iOS user

The app is very easy to use and well designed. I have found everything I was looking for so far and have been able to learn a lot from the presentations! I will definitely use the app for a class assignment! And of course it also helps a lot as an inspiration.

Stefan S

iOS user

This app is really great. There are so many study notes and help [...]. My problem subject is French, for example, and the app has so many options for help. Thanks to this app, I have improved my French. I would recommend it to anyone.

Samantha Klich

Android user

Wow, I am really amazed. I just tried the app because I've seen it advertised many times and was absolutely stunned. This app is THE HELP you want for school and above all, it offers so many things, such as workouts and fact sheets, which have been VERY helpful to me personally.

Anna

iOS user

Best app on earth! no words because it’s too good

Thomas R

iOS user

Just amazing. Let's me revise 10x better, this app is a quick 10/10. I highly recommend it to anyone. I can watch and search for notes. I can save them in the subject folder. I can revise it any time when I come back. If you haven't tried this app, you're really missing out.

Basil

Android user

This app has made me feel so much more confident in my exam prep, not only through boosting my own self confidence through the features that allow you to connect with others and feel less alone, but also through the way the app itself is centred around making you feel better. It is easy to navigate, fun to use, and helpful to anyone struggling in absolutely any way.

David K

iOS user

The app's just great! All I have to do is enter the topic in the search bar and I get the response real fast. I don't have to watch 10 YouTube videos to understand something, so I'm saving my time. Highly recommended!

Sudenaz Ocak

Android user

In school I was really bad at maths but thanks to the app, I am doing better now. I am so grateful that you made the app.

Greenlight Bonnie

Android user

very reliable app to help and grow your ideas of Maths, English and other related topics in your works. please use this app if your struggling in areas, this app is key for that. wish I'd of done a review before. and it's also free so don't worry about that.

Rohan U

Android user

I know a lot of apps use fake accounts to boost their reviews but this app deserves it all. Originally I was getting 4 in my English exams and this time I got a grade 7. I didn’t even know about this app three days until the exam and it has helped A LOT. Please actually trust me and use it as I’m sure you too will see developments.

Xander S

iOS user

THE QUIZES AND FLASHCARDS ARE SO USEFUL AND I LOVE THE SCHOOLGPT. IT ALSO IS LITREALLY LIKE CHATGPT BUT SMARTER!! HELPED ME WITH MY MASCARA PROBLEMS TOO!! AS WELL AS MY REAL SUBJECTS ! DUHHH 😍😁😲🤑💗✨🎀😮

Elisha

iOS user

This apps acc the goat. I find revision so boring but this app makes it so easy to organize it all and then you can ask the freeeee ai to test yourself so good and you can easily upload your own stuff. highly recommend as someone taking mocks now

Paul T

iOS user