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← 1.2 Business Goals

Formulating SMART goals for a local MSME

Business Studies · Grade 10 · about 40 minutes

Write a linked set of SMART short-term and long-term goals for a real Kenyan micro business, then say why the set is worth having.

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  • 7 sections of explanation, worked examples and diagrams
  • 1 practice task with hints and worked answers
  • A quiz that marks itself as you go
  • Your progress kept across every subject you take
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Other lessons in this sub-strand

  1. The importance of goal setting, and the factors to consider
  2. The steps in setting goals, and SMART goals
  3. What a business goal is
  4. Profit as a business goal
  5. Survival as a business goal
  6. Growth as a business goal
  7. Social goals of a business
  8. Balancing profit, survival, growth and social goals
  9. Resources and customers when setting goals
  10. Law, the economy and competition in goal setting
  11. Short-term goals for Kenyan MSMEs
  12. Long-term goals and the steps that reach them
  13. Formulating SMART goals for a local MSME