Edexcel IGCSE Business Studies Chapter quiz Ch 2

Beschreibung

Quiz on Chapter 2.
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Zusammenfassung der Ressource

Frage 1

Frage
Why is an objective NOT important to a business?
Antworten
  • Employees need something to work towards.
  • Without objectives owners might not have the motivation
  • Objectives lets a business skip steps to achieve it.
  • It's easier to assess the performance of a business.

Frage 2

Frage
Does S in SMART objectives stand for smart?
Antworten
  • True
  • False

Frage 3

Frage
Does M in SMART objectives stand for measurable?
Antworten
  • True
  • False

Frage 4

Frage
Does A in SMART objectives stand for appropriate?
Antworten
  • True
  • False

Frage 5

Frage
Does R in SMART objectives stand for reproductive?
Antworten
  • True
  • False

Frage 6

Frage
Does T in SMART objectives stand for traditional?
Antworten
  • True
  • False

Frage 7

Frage
What are the objectives of a business in private sector?
Antworten
  • Survival
  • Profit
  • Growth
  • Wealth creation
  • Increase market share
  • Image
  • Reputation
  • Social Responsibility
  • Taking over government

Frage 8

Frage
Is mission statement is often directed at suppliers.
Antworten
  • True
  • False

Frage 9

Frage
Which of these are possible objectives of a public sector business?
Antworten
  • Increasing special needs provision in schools
  • Increasing response time by the emergency services.
  • Reducing specific crime rates.
  • Reducing waste sent to landfill
  • Increasing the number of students entering higher education
  • Making another business collapse into ashes
  • Reducing economical growth
  • World domination
  • Increasing the number of public sector business.

Frage 10

Frage
What does the term Mission statement mean?
Antworten
  • A brief summary of a firm's aims and objectives.
  • A detailed paragraph of a firm's aims and objectives.
  • An essay about a firm's aims and objectives.
  • A book about the life of a business
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