Business objectives

Which of the following answers are business objectives?

• Survival

• Profit

• Specific

• Market share

Which of the following is not a business objective?

• Corporate social responsibility

• Market share

• Growth

• Employment

An Individual or group which has interest in business because they are affected by its activities and decisions.

• Shareholders

• Travellers

• Stakeholders

• Students

What is the first and most important objective of any business organisation?

• Profit Maximisation

• Growth

• Survival

• Social Responsibility

What is a business objective?

• A statement of what the company has achieved.
• A statement of what the company is trying to achieve.
• A statement of what the company is currently achieving.

Which of the following does not characteristic business activity?

• Production of goods & services

• Presence of risk

• Sales & exchange of goods & services

• Salary or wages

The occupation in which people work for others and get remunerated in return is known as

• Business

• Employment

• Profession

• None of them

The owner is rewarded for conducting business and bearing the risk. What is the form of reward the owner receives?

• Remuneration

• Commission

• Bonus

• Profit

The business objective related to market share of a company.

• Earning of Profits

• Market Standing

• Survival

• Productivity

Which of the following is not an economic activity?

• Production

• Trading in goods

• Professional

• Social service