Corporate Objectives Y13 Business

Corporate Objectives Y13 Business

12th Grade

10 Qs

quiz-placeholder

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Corporate Objectives Y13 Business

Corporate Objectives Y13 Business

Assessment

Quiz

Other

12th Grade

Medium

Created by

maham ali rana

Used 3+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the difference between a business aim and business objective?

D. A business aim is the financial target of the business, while business objectives are the marketing strategies.

A. A business aim is the overall target of the business, while business objectives are the steps to achieve the aim.

B. A business aim is the steps to achieve the overall target of the business, while business objectives are the overall target.

C. A business aim is the short-term goal of the business, while business objectives are the long-term goals.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the purpose of a mission statement?

A. To outline the financial goals of the business

B. To define the essence or purpose of the business in a few sentences

C. To set specific objectives for each department

D. To create a competitive marketplace identity

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the main criticism of mission statements?

D. They focus too much on profitability

C. They are always realistic and achievable

B. They are a waste of management time and resources

A. They are too specific and limit the business's growth

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What should a mission statement be according to the text?

B. Memorable and inspiring

D. Focused on short-term goals

C. Detailed and lengthy

A. Ambiguous and open to interpretation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of corporate objectives?

A. To satisfy customers' needs

B. To motivate employees to work harder

C. To flow from the mission statement and corporate vision

D. To increase the number of shareholders

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the hierarchy of objectives in a business?

A. Corporate objectives, Department objectives, Development of Corporate Objectives

B. Department objectives, Corporate objectives, Development of Corporate Objectives

C. Development of Corporate Objectives, Corporate objectives, Department objectives

D. Development of Corporate Objectives, Department objectives, Corporate objectives

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of investigating mission statements?

D. To focus and involve all employees in the business

B. To define the purpose of the business in a few sentences

C. To set specific objectives for each department

A. To criticize the company's vision and values

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