Business Objectives - End of Unit Goals

One of the objectives a business may have is to make a _______.

• Profit

• Loss

• Mistake

• Promise

Providing a _______ is an example of a business objective.

• Service

• Painting

• Recipe

• Song

A business may aim to fulfill its _______ Responsibility as an objective.

• Social

• Financial

• Legal

• Environmental

_______ is an objective that focuses on the continued existence of a business.

• Survival

• Profit Maximization

• Expansion

• Diversification

Ensuring _______ Satisfaction is a common business objective.

• Customer

• Employee

• Supplier

• Shareholder

Increasing _______ Share is an objective for many businesses.

• Market

• Employee

• Product

• Customer

What is an objective in business? An objective is something a business aims for – a ______ or goal to be achieved.

• target

• expense

• employee

• location

Objectives help a business ______ on what it aims to achieve.

• focus

• spend

• ignore

• delay

Which of the following factors can influence the objectives a business may have?

• The stage of development

• The sector of the economy it operates in

• Both A and B

The objectives of a business are always the same, regardless of its stage of development or the sector it operates in.

• True

• False