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11th Grade

9 Qs

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Assessment

Quiz

Other

11th Grade

Practice Problem

Easy

Created by

Mr Brooks

Used 2+ times

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business aim is what you want to achieve overall?

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An objective is what you are going to do to achieve that aim.

False

True

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an aim NOT likely to be based upon?

Lifestyle

Profit

Survival

Growth

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is NOT an example of business growth?

Sales increasing

Opening hours changing

Moving to larger store

Selling in other countries

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Market share is...

Moving to a larger unit to trade from

Employing a larger number of staff

The percentage of the number of products sold overall, that you sell from your business.

Increasing the profit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bigger businesses will have different objectives to smaller/newer businesses?

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a new business starts, more established businesses may lower their prices?

True

False

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses aims and objectives NEVER change

True

False

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a business is in difficulty, it could also have to change aims and objectives?

True

False