S3 Business Objectives
Authored by E Paterson
Business
3rd Grade
Used 70+ times
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22 questions
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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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