NEW
Font size
S
M
L
XL
WorksheetsYear 8 Business
Total questions: 15
Worksheet time: 9mins
Name
Class
Date
1.
what is the definition of a Business Aim?
a)
A broad statement that the business owner wants to achieve
b)
A general target the business works towards
c)
A specific target a business sets
2.
What is a Business Objective?
a)
A statement the business uses to gain customers
b)
A specific target the business sets to achieve their aim
c)
A general Goal a business wants to achieve
3.
What does SMART objectives stand for?
a)
Specific, Measurable, Agreed, Realistic, Time
b)
Specific, Measurable, Achievable, Reliable, Time
c)
Shared,Measurable, Agreed, Responsible, Time
d)
Specific, Measurable, Available,Realistic, Time
4.
What is the first aim of a business start up by an entrepreneur
a)
Growth
b)
Maximizing Profit
c)
Survival
d)
Customer Satisfaction
5.
identify the non- financial aim
a)
Maximizing Profit margins
b)
Ridding the world of poverty
c)
Surviving the first two years
d)
Maximising Sales
6.
Identify financial aims
a)
Maximizing Profit margins
b)
Ridding the world of poverty
c)
Protect animals against testing
7.
identify objective of employees
a)
business growth, reward and promotion.
b)
job security with good pay and promotion.
c)
high profit to increase share prices
8.
Doctor: Goods or Service?
a)
Goods
b)
Service
9.
iPhone: Goods or Service?
a)
Goods
b)
Service
10.
Does this person provide a good or a service?
a)
good
b)
service
11.
Does this person provide a good or a service?
a)
goods
b)
service
12.
Define a Good
a)
they are the material items that can be seen, touched or felt and are ready for sale to the customers.
b)
They are amenities, facilities, benefits or help provided by other people.
13.
Is a service a physical item?
a)
True
b)
False
14.
Services cannot be returned back once they are provided.
a)
True
b)
False
15.
Goods can be returned if not fit for purpose
a)
false
b)
true
Reset
