An organization can change its business objectives over time due to changes in both the internal and external environments.
Week 5 BM Business Objectives

Quiz
•
Other
•
10th Grade
•
Easy
Alexander Dulanovic
Used 1+ times
FREE Resource
28 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A vision statement tends to be narrow and specific.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The statement which sets out an organization’s purpose and its corporate values is known as the vision statement.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An organization’s moral duties to its internal and external stakeholders in acting as a good corporate entity is known as corporate social responsibility (CSR).
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The statement which sets out an organization’s long-term aspirations is known as the vision statement.
True
False
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are common critiques about vision and mission statements (3)?
Being too vague
They are created by CEOS
Virtually impossible to really analyse or disagree with
They don't tie to Corporate Social Responsibility
Too long-term
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reducing pollution and environmental damage by using non-fossil fuels is an example of an ethical objective set by a business.
True
False
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