Business Objectives Quiz

Business Objectives Quiz

3rd Grade

12 Qs

quiz-placeholder

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Business Objectives Quiz

Business Objectives Quiz

Assessment

Quiz

Business

3rd Grade

Hard

Created by

Laura McHugh

Used 2+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Select all business objectives.

Increase sales

Expand market share

Improve customer satisfaction

All of the above.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Compare the objectives of the private sector with the objectives of the third sector. Which of the following best describes the difference?

The private sector focuses on profit maximization, whereas the third sector focuses on social goals.

The private sector aims for social welfare, whereas the third sector aims for profit.

Both sectors have the same objectives.

The third sector focuses on individual wealth, whereas the private sector focuses on community development.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these correctly displays the PESTEC acronym

Political, Economic, Social, Technological, Environmental, Cultural

Political, Environmental, Social, Technological, Economic, Competitive

Policies, Economic, Social, Technological, Environmental, Cultural

Political, Economic, Social, Technological, Ethical, Cultural

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Select the answers which correctly match a PESTEC factor with their possible impact.

Environmental - Flooding to a businesses property

Technological - Advancements in technology

Social - Changes on social media

Economic - Inflation rates

Political - Changes in government policy/laws

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of an internal factor?

Employees

Economical

Political

Financial

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

High staff turnover is an example of a possible impact of not training staff properly.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factors relate to changes in weather and increased demand for recyclable packaging?

Economic

Political

Environmental

Technological

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