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Business objectives 1.5.3

Authored by Conor Sutton

Business

10th - 12th Grade

Used 23+ times

Business objectives 1.5.3
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Objectives focused on increasing sales = ???

Market share

Profit maximisation

Profit minimisation

Survival

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Objectives solely focused on increasing profits = ???

Employee welfare

Social objectives

Cost efficiency

Profit maximisation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What a business wants to achieve in the long term = ???

Aim

Objective

Target

Motive

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goals or targets that need to be met in order to achieve an aim = ???

Market share

Mission statement

Objectives

Aim

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The portion of a market controlled by a particular company or product = ???

Customer loyalty

Market share

Sales revenue

Gross profit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Objectives focused on reducing costs = ???

Cost maximization

Cost focus

Cost efficiency

Cost differentitation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Objectives based on meeting the needs of their staff = ???

Customer satisfaction

Employee welfare

Consumer protection

Shareholder welfare

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