IGCSE Business Unit 1 Business Activity

IGCSE Business Unit 1 Business Activity

10th Grade

•

27 Qs

quiz-placeholder

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IGCSE Business Unit 1 Business Activity

IGCSE Business Unit 1 Business Activity

Assessment

Quiz

•

Business

•

10th Grade

•

Practice Problem

•

Medium

Created by

Joel Holliday

Used 18+ times

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27 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does SMART stand for in business objectives?

Specific, Measurable, Achievable, Realistic, Time-specific

Specific, Measurable, Attainable, Realistic, Time-oriented

Simple, Manageable, Achievable, Realistic, Timely

Specific, Manageable, Achievable, Relevant, Time-bound

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a financial objective?

Providing employment opportunities

Maximizing profit

Improving community well-being

Enhancing customer satisfaction

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key characteristic of a sole trader?

Complex tax arrangements

Unlimited liability

Limited liability

Shared ownership

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a disadvantage of partnerships?

Shared responsibilities

Limited access to finance

Potential for disputes

Easy to set up

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a public limited company (PLC)?

A company owned by a single shareholder

A company that sells shares publicly on the stock exchange

A company with limited liability for its owners

A company that operates in the public sector

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a non-financial objective?

Social responsibility

Sales increase

Market share growth

Profit maximization

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of public corporations?

Generating high sales revenue

Competing in the market

Providing public services

Maximizing profit for shareholders

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