GCSE Business Objectives

GCSE Business Objectives

10th Grade

10 Qs

quiz-placeholder

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GCSE Business Objectives

GCSE Business Objectives

Assessment

Quiz

Business

10th Grade

Practice Problem

Medium

Created by

Guinn Neil

Used 52+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following points is likely to be included in a mission statement?

Location of the business

History of the business

Values of the business

Profit target

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is a direct benefit of setting objectives for employees?

The government will collect more tax revenue

Workers may work harder

Shareholders will be more satisfied

Customers will buy more

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following objectives is of most direct interest to business shareholders?

Profit targets

Growth targets

Sales targets

Targets related to costs

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which business objective may become more important when the national economy is not performing well?

Growth

Recruitment of new employees

Profit

Survival

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When financial security is chosen as an objective what does a business wish to avoid?

Profit

Growth

Risk

Success

6.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Which of the following is a non-financial objective?

Profit

Improving society

Personal satisfaction

Revenue

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which objectives may a business focus on when the economy is growing?

Survival

Profit

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