Describe the activities of any small business you know or are familiar with (e.g. physical, online). Using the framework for designing annual objectives, discuss how the small business in question will apportion annual objectives to its staff and control the process (15 marks).
B. Using examples, explain how goals, targets, annual objectives and long-term objectives will be different among corporate bodies, public sector institutions and non-governmental organizations (10 marks).
C. With one (1) example each, state and explain five (5) outputs derived from a business policy (5 marks).

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a There is no universal definition of a small business However small business is one that has fewer employees less capital employed low sales and less ... View the full answer