S3 Business Objectives

S3 Business Objectives

3rd Grade

22 Qs

quiz-placeholder

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S3 Business Objectives

S3 Business Objectives

Assessment

Quiz

Business

3rd Grade

Medium

Created by

E Paterson

Used 69+ times

FREE Resource

22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an objective?

A short term goal

A long term goal

2.

MULTIPLE SELECT QUESTION

45 sec • 2 pts

What objective do all 3 sectors share?

(choose 2)

Profit Maximisation

Social Responsibility

Growth

Provision of a service

3.

MULTIPLE SELECT QUESTION

30 sec • 3 pts

What objectives would a company in the public sector have?

(choose 3)

Provision of a service

Make good use of funds/budget

Raise awareness

Survival

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sole traders first objective would be...

Growth

Survival

Profit maximisation

Sales maximisation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What objective is concerned with "Behaving in a way which is ethically correct and moral"

Social responsibilty

Enterprise/Innovation

Ethical procedure

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A social enterprise...

Relies on donations

Aims to make a huge profit

Has a main social or environmental aim

Is owned by shareholders

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What sector of economy does the Parkinsons Foundation operate in?

Private

Public

Third

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