Pearson IGCSE Business - 1.1.1 Business Objectives

What are some financial aims and objectives of businesses?

• a) Survival
• b) Personal satisfaction
• c) Social objectives
• d) Independence and control

Which of the following is a non-financial aim or objective of businesses?

• a) Profit
• b) Market share
• c) Personal satisfaction
• d) Financial security

Which financial aim or objective refers to the amount of money a business makes after all expenses are paid?

• a) Survival
• b) Profit
• c) Sales
• d) Market share

What is a non-financial aim or objective related to the desire for a business to have a positive impact on society?

• a) Financial security
• b) Personal satisfaction
• c) Social objectives
• d) Independence and control

Which of the following is a financial aim or objective related to a business's desire to maintain its existence in the market?

• a) Profit
• b) Survival
• c) Sales
• d) Market share

If a business wants to increase the portion of the market it controls, it is focused on which financial aim or objective?

• a) Profit
• b) Survival
• c) Sales
• d) Market share

What is the financial aim or objective that focuses on the amount of goods or services a business sells?

• a) Profit
• b) Survival
• c) Sales
• d) Market share

Which non-financial aim or objective involves the desire of business owners to be their own bosses and make their own decisions?

• a) Personal satisfaction
• b) Social objectives
• c) Challenge
• d) Independence and control

If a business wants to ensure that it has enough funds to cover its expenses and unexpected costs, which financial aim or objective is it focused on?

• a) Profit
• b) Financial security
• c) Sales
• d) Market share

Which non-financial aim or objective involves the desire of business owners to feel fulfilled and content with their work?

• a) Personal satisfaction
• b) Social objectives
• c) Challenge
• d) Independence and control