Search Header Logo

Business Goals and Staff Involvement Prelim Quiz

Authored by Ms Schrauth

Social Studies

10th Grade

Used 1+ times

Business Goals and Staff Involvement Prelim Quiz
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

38 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a business goal from the syllabus?

Profits

Market share

Employee satisfaction

Growth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is market share usually a goal for large businesses?

Large businesses have more employees

Small market gains often translate into large profits

Large businesses have higher production costs

Small businesses cannot calculate market share

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is left after the costs of producing and supplying the product (expenses) have been deducted from money earned from sales (revenue).

Sales revenue

Profit

Share price

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does profit maximisation aim to achieve?

A balance between revenue and costs

The maximum difference between total revenue and total costs

A reduction in production costs

An increase in employee salaries

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the consequence of focusing solely on profit maximisation?

Increased market share

Negative public perception

Higher employee satisfaction

Reduced production costs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the term "expenses" refer to in a business context?

The total revenue earned from sales

The costs of producing and supplying the product

The percentage of market share

The number of employees hired

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of setting business goals?

To increase the number of employees

To provide direction and measure results

To reduce production costs

To dominate the market

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?