What is the fundamental aim of any private sector?

BTEC Level 3 Sport - Unit 22

Quiz
•
Physical Ed
•
12th Grade
•
Medium

Sam Phillips
Used 4+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To make money for its owners or shareholders
To increase participation
To raise awareness
To provide strong customer service
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term 'break even' mean?
When a business continues to trade through difficult economic times
When a business enters a new market
When a business is neither making a profit or loss
When a business aims to become the largest market share
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is considered a market leader in sport and active leisure?
A business that aims to make money for its owners or shareholders
A business that provides strong customer service
A business that achieves high net profit
A business that has the largest market share or highest profit margin
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to have good customer service?
To increase participation
To achieve customer satisfaction
To meet government standards
To make money for the business
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Does the importance of good customer service differ in the public and private sector?
Yes, it is more important in the public sector
Yes, it is more important in the private sector
No, it is not important in either sector
No, it is equally important in both sectors
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are two advantages of good customer service?
Higher net profit and growth
Strong customer satisfaction and business success
Diversification and service provision
Increased participation and market leadership
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to provide good value for money in the public sector?
To encourage participation
To make money for the business
To meet government standards
To achieve customer satisfaction
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