1.2 Business Objectives Quiz L2

Quiz
•
Business
•
9th - 10th Grade
•
Medium
M. Attan
Used 5+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why are objectives important for businesses?
They help businesses drift in performance.
They provide motivation and direction.
They increase competition.
They reduce employee satisfaction.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a common financial objective for small businesses?
Business expansion
Business survival
Employee satisfaction
Market innovation
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does 'profit' refer to in a business context?
Total revenue before costs
Revenue after all costs are paid
Total sales volume
Market share percentage
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is meant by 'market share'?
The total sales of a business
The percentage of the market a business occupies
The profit margin of a business
The number of employees in a business
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a non-financial objective related to ethical ways of working in a business?
Financial security
Social objectives
Market share
Profit maximization
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does 'personal satisfaction' refer to in non-financial objectives?
Achieving high sales
Creating a successful business
Increasing market share
Reducing costs
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What might cause a business to change its objectives?
Employees getting parking tickets when parking in the car park
Market conditions and technology
Employee absence rates
Stable legislation
Create a free account and access millions of resources
Similar Resources on Wayground
18 questions
Organizational Structures Terms

Quiz
•
9th - 12th Grade
10 questions
Business Environments

Quiz
•
10th Grade
11 questions
2.01 Project management 1

Quiz
•
9th - 12th Grade
15 questions
SWOT analysis

Quiz
•
10th - 11th Grade
16 questions
Business Evaluation Criteria Year 10

Quiz
•
10th Grade
10 questions
Module 7 Quiz

Quiz
•
9th - 12th Grade
20 questions
HHS 1.1 Enterprise and Entrepreneurship

Quiz
•
9th Grade
20 questions
Pearson IGCSE Business - 1.1.1 Business Objectives

Quiz
•
10th Grade
Popular Resources on Wayground
20 questions
Brand Labels

Quiz
•
5th - 12th Grade
10 questions
Ice Breaker Trivia: Food from Around the World

Quiz
•
3rd - 12th Grade
25 questions
Multiplication Facts

Quiz
•
5th Grade
20 questions
ELA Advisory Review

Quiz
•
7th Grade
15 questions
Subtracting Integers

Quiz
•
7th Grade
22 questions
Adding Integers

Quiz
•
6th Grade
10 questions
Multiplication and Division Unknowns

Quiz
•
3rd Grade
10 questions
Exploring Digital Citizenship Essentials

Interactive video
•
6th - 10th Grade