Topic 1 PPE Revision

Topic 1 PPE Revision

5th Grade

42 Qs

quiz-placeholder

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Topic 1 PPE Revision

Topic 1 PPE Revision

Assessment

Quiz

Business

5th Grade

Medium

Created by

Emily Young

Used 39+ times

FREE Resource

42 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is meant by a 'stakeholder'?

Anyone who is in control of the business

Anyone who affects the running of a business

Anyone who wants to own a business

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is the definition of a Business Aim?
A broad statement that the business owner wants to achieve
A general target the business works towards
A specific target a business sets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Business Objective?
A statement the business uses to gain customers
A specific target the business sets to achieve their aim
A general Goal a business wants to achieve

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does SMART objectives stand for?
Specific, Measurable, Agreed, Realistic, Time
Specific, Measurable, Achievable, Reliable, Time
Shared,Measurable, Agreed, Responsible, Time
Specific, Measurable, Available,Realistic, Time

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Give two reasons why a business objective might change?

Launching a new product

Manager leaves

Business becomes more established in the market

Customer complaints

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

outline one possible objective of suppliers

increase sales

increase the value of their shares

launch a new product

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is a shareholder?

someone who invests and owns a share of the business

someone who affects the running of the business

someone who purchases items from the business

someone who supplies raw materials to the business

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