03 Analyse how having clear objectives could help a new takeaway restaurant to survive its first year of trading.

[tanzeelrehman]

KN: Clear objectives help staff stay focused on their work because they know exactly what they need to achieve.

APP: For example, a new takeaway restaurant might set an objective to charge slightly lower prices than competitors to attract more customers and build trust.

AN: All staff will work together with a shared goal, so improving teamwork. It increases efficiency as everyone knows their responsibilities. It helps to control the costs by avoiding wasted effort and resources. Due to this, the restaurant is more likely to achieve higher sales and survive its first year of trading.

[EmmanWaseem]

This can help to focus on the first year trading
As it is clear they will work towards it,there maybe less disruptions and the operation can run more smoothly
This maybe more successful than if you didn't have a clear objective

[Muaz Aamir]

KN:
Clear objectives give a business direction and measurable goals to focus on, which helps it manage operations effectively.

AP:
For example, a new takeaway restaurant in Lahore could set objectives like reaching 1,000 regular customers or achieving monthly sales of Rs. 500,000 in its first year.

AN:
Objectives help the owner plan budgets and control costs carefully. They keep employees focused on meeting sales and customer targets. They also allow the business to track progress and make quick changes if performance falls behind.

[Ayaan Fayaaz]

[Kn] Clear objectives give a business direction and help it stay focused on its priorities.

[App] For example, a new takeaway restaurant might set an objective to attract 100 regular customers within its first six months.

[An] This helps the restaurant **plan its marketing and pricing strategies effectively**, **motivate staff to work towards specific targets**, and **monitor progress to make quick changes if sales or customer numbers are low**, increasing its chances of survival in the first year.

[Tuqwa]

kn:clear objectives give a business direction and help it stay focused on its goals.
app:forexample a new takeaway restaurant may set an objective to achieve 200 regular customers within six months.this guides decisions on marketing and menu design to attract and retain customers.
an:this helps the business stay organised and measure progress increasing its chances of surviving in a competitive market.

[Abdur Rehman khan]

[KN] Clear objectives give the business a specific direction to follow and help in daily decisions.
[APP] For example, a new takeaway restaurant could set an objective to reach a target number of daily sales or maintain customer satisfaction through quick service.
[AN] This helps the restaurant focus its efforts and resources efficiently allowing it to control costs, manage staff, and monitor progress more effectively which increases its chances of surviving the difficult first year.