Worksheets2.1.2 Changes in Aims and Objectives Re-Cap Quiz
Total questions: 10
Worksheet time: 5mins
ALDI plans to recruit 4,000 new employees in the UK over the next 3 years. This is an example of the business:
Focusing on survival
Exiting markets
Growing its workforce
Decreasing its product range
When IKEA opens its first store in India it will be focussing on:
Survival
Decreasing its product range
Reducing its workforce
Entering new markets
Factors such as the economic climate, competition and changing tastes and fashions can affect the aims and objectives of a business. These would be classed as a change in aims and objectives in response to:
Internal reasons
Technology
Legislation
Market conditions
The introduction of the National Living Wage meant some businesses had to change their aims and objectives. This was in response to a change in:
Technology
Business performance
Internal factors
Legislation
A business changes it aims and objectives following the appointment of a new managing director. The change was in response to:
Technology
Market conditions
Internal reasons
Legislation
When Marks & Spencer announced its intentions to close stores in several countries, including Belgium and The Netherlands, it was classed as:
Focusing on growth
Exiting markets
Growing the workforce
Increasing product range
The development and growth of e-commerce affecting business aims and objectives is an example of changes in which of the following factors?
Market conditions
Technology
Performance
Legislation
When a business makes redundancies it is an example of it focussing upon:
Growth
Entering new markets
Reducing its workforce
Increasing its product range
A business has experienced a significant fall in sales due to a slowdown in the economy. In this situation, the business is likely to focus upon:
Growing the workforce
Domestic expansion
Increasing its product range
Survival
A business that changes its aims and objectives in response to shifting consumer tastes and fashions would be responding to changes in:
Technology
Legislation
Business performance
Market conditions
