Unit 2.1.2 Changes in Business Aims and Objectives

Quiz
•
Computers
•
10th Grade
•
Easy
Jon Williams
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Business aims and objectives may change in response to market conditions.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a factor that can cause business aims and objectives to change?
Employee satisfaction
Technology
Advertising
Sales
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do business aims and objectives typically change when businesses evolve?
Focus on increasing assets
Reduce employees
Focus on survival or growth
Decrease marketing
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these could be a legal reason for a business changing its aims and objectives?
Changes in the national living wage
Increase in profits
Decrease in employee moral
Reduction in operating costs
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these best describes market share?
The amount of money made by all the businesses in an industry
The portion of a market controlled by a particular company or product
The amount of money made by one business
The cash flow of a business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or false: Poor performance could make a business review its aims and objectives.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a product range?
How far the product must travel to reach a customer
The development of a product
The cost of making a product
A collection of products that are manufactured or sold by a company
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