Business Evaluation Criteria Quiz

Business Evaluation Criteria Quiz

12th Grade

10 Qs

quiz-placeholder

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Business Evaluation Criteria Quiz

Business Evaluation Criteria Quiz

Assessment

Quiz

Business

12th Grade

Medium

Created by

Sal KELLOWAY

Used 6+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the "effectiveness" criterion in business evaluation measure?

How well a business uses resources to achieve goals

The degree to which business goals are achieved

The satisfaction levels of customers and employees

A business's ability to outperform competitors

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A local coffee shop introduces a loyalty program to increase repeat customers. Which evaluation criterion would be best for assessing the program’s success?

Efficiency

Stakeholder satisfaction

Effectiveness

Competitiveness

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which evaluation criterion focuses on minimising costs while achieving maximum output?

Effectiveness

Efficiency

Competitiveness

Stakeholder satisfaction

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A small bakery hires a new head baker who creates unique pastries that attract customers. This improvement is most likely to enhance which criterion?

Competitiveness

Efficiency

Stakeholder satisfaction

Effectiveness

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which criterion would be most relevant for a company aiming to reduce its carbon footprint while maintaining production levels?

Efficiency

Effectiveness

Sustainability

Competitiveness

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A tech company invests in employee training to improve product quality. Which criterion is this investment most likely to impact?

Stakeholder satisfaction

Efficiency

Effectiveness

Innovation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the "competitiveness" criterion in business evaluation?

Achieving business objectives

Minimising costs

Outperforming competitors

Enhancing customer satisfaction

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