Business Objectives 2

Business Objectives 2

12th Grade

7 Qs

quiz-placeholder

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Business Objectives 2

Business Objectives 2

Assessment

Quiz

Business

12th Grade

Medium

Created by

Gagan Sodhi

Used 3+ times

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7 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

SMART stands for

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Are the factors that determine business objectives different?

Yes

No

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Are business objectives static over time?

Yes

No

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can business objectives vary between different industries?

Yes

No

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Profit maximisation is where the difference between total revenue and total cost is

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Profit satisficing aims to achieve ____________ profit to keep the owners satisfied.

7.

OPEN ENDED QUESTION

3 mins • 1 pt

Identify two reasons why communicating business objectives to the workforce is important ?

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