Objective

Business, Legal & Accounting Glossary

Definition: Objective


Quick Summary of Objective


A specific result that a person or system aims to achieve within a time frame and with available resources.



What is the dictionary definition of Objective?

Dictionary Definition


  1. A material object that physically exists.
  2. A goal that is striven for.
  3. grammar The objective case; a noun or pronoun in that case.

Also:

  • A specific result that a person or system aims to achieve within a time frame and with available resources.
  • Neutral (bias-free), relating to, or based on verifiable evidence or facts instead of on attitude, belief, or opinion. The opposite of subjective.

 


Full Definition of Objective


In general, objectives are more specific and easier to measure than goals. Objectives are basic tools that underlie all planning and strategic activities. They serve as the basis for creating policy and evaluating performance. Some examples of business objectives include minimising expenses, expanding internationally, or making a profit.


Synonyms For Objective


goal, purpose, target, object, unbiased

Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/objective/
Modern Language Association (MLA):
Objective. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. October 25, 2020 https://payrollheaven.com/define/objective/.
Chicago Manual of Style (CMS):
Objective. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/objective/ (accessed: October 25, 2020).
American Psychological Association (APA):
Objective. PayrollHeaven.com. Retrieved October 25, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/objective/

Definition Sources


Definitions for Objective are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th January, 2020 | 412 Views.