Business Objectives

Business Objectives

1st - 12th Grade

12 Qs

quiz-placeholder

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Business Objectives

Business Objectives

Assessment

Quiz

Specialty

1st - 12th Grade

Practice Problem

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Created by

Mrs Urquhart

Used 67+ times

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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first and most important objective of a Private business organisation?

Profit Maximisation
Growth
Survival
Social Responsibility

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a business objective?

A statement of what the company has achieved.
A statement of what the company is trying to achieve.
A statement of what the company is currently achieving.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The most obvious objective of a Public Sector Organisation is:

Growth
Survival
Providing a Service
Profit Maximisation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What objective would an organisation in the voluntary sector have?

Growth
Profit Maximisation
Serving the public interest
Increasing market share

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A large multinational organisation would have which objective?

Survival
Growth
Social Responsiblity
Serving the public interest

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sole trader just starting would have which objective?

Growth
Increasing Market Share
Social Responsibility
Survival

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business's objectives will depend on:

time of year
type of business
sector of industry

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