What is a primary aim of a private business?

Business Aims and Objectives Quiz

Quiz
•
Financial Education
•
12th Grade
•
Medium

Lenna Alexandre
Used 1+ times
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Service provision
Raising funds
Profit
Meeting government standards
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an aim for a not-for-profit organisation?
Market leadership
Diversification
Raising funds
Competitiveness
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key objective for a public sector organisation?
Growth
Cost control
Surplus generation
Efficiency
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which aim is essential for a business to ensure its basic functioning?
Market leadership
Survival
Growth
Diversification
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a short-term business tactic?
Long-term strategic plan
Quarterly sales promotion
Five-year operational plan
Annual product launch
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term "market leadership" refer to?
Being the most expensive in the market
Having the largest market share
Being the most efficient
Having the highest profits
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which business aim focuses on maintaining a competitive edge?
Growth
Efficiency
Competitiveness
Survival
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