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Organizational objectives

Total questions: 10

Worksheet time: 8mins

Name
Class
Date
1.

The long-term goals of a business, often expressed in the firm's mission statement

a)

Targets

b)

Strategy

c)

Aims

d)

Vision

2.

The medium to short-term actions that firms use to achieve their objectives

a)

Visions

b)

SMART

c)

Tactics

d)

Analysis

3.

Objectives that are precise and quantifiable

a)

WAIT

b)

SMART

c)

CLEAR

d)

Tactics

4.

Plans of action that a firm uses to achieve its long-term objectives

a)

Strategies

b)

SMART objectives

c)

SWOT

d)

Tactics

5.

The declaration of a firm¨s overall purpose

a)

Strategic plan

b)

Mission statement

c)

Annual Report

d)

Code of Practice

6.

An analytical tool used to devise growth strategies

a)

SWOT

b)

Five Forces

c)

Ansoff's Matrix

d)

Break-even analysis

7.

The moral principles that guide decision-making

a)

Profit

b)

Ethics

c)

Growth

d)

Laws

8.

An analytical tool used to examine a firm's external opportunities in the market place

a)

PESTLE

b)

GANTT chart

c)

SWOT

d)

Force Field Analysis

9.

The conscientious consideration of external impact of business activities

a)

JIT

b)

CSR

c)

NBIT

d)

SMART

10.

An analytical tool that identifies the internal strengths and weaknesses in a firm

a)

Ansoff matrix

b)

STEEPLE

c)

SWOT

d)

Stakeholder map