
Business Objectives
Quiz
•
Business
•
9th Grade
•
Practice Problem
•
Hard
Sherwin Keith Achumbre Tan
Used 1+ times
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10 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
These are individual or group with a direct interest in the performance and activities in a business.
2.
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1 min • 1 pt
The formula is used to get the ______ _____ of the business.
3.
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1 min • 1 pt
Act as a target or goal that a business needs to reach to achieve overall aims.
4.
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2 mins • 5 pts
Businesses should use the SMART approach to set their objectives. SMART stands for:
S
M
A
R
T
5.
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1 min • 1 pt
This type of business does not only focus on profits but on supporting parts of the global community.
6.
FILL IN THE BLANK QUESTION
2 mins • 1 pt
Identify which SMART approach this objective refers to: "Indomaret aims to increase its social media following on Instagram by posting daily updates and engaging with followers to build brand awareness."
Answer explanation
This objective is specific because it clearly defines what indomaret wants to achieve (increase instagram following) and how they plan to do it (daily updates and engagement)
7.
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2 mins • 1 pt
This type of objective focuses on which part of the SMART approach: "Alfamart will reduce customer complaint resolution time by 30% over the next six months by implementing a new customer service training program for staff."
Answer explanation
This objective is realistic because improving customer service aligns with Alfamart's goal of increasing customer satisfaction and retention, which is crucial for business success.
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