Quiz
Framework for activity - Business Aims, Objectives and mission statements
Questions in this quiz (11)
1Which of these Business Aims is most likely to be for a business currently in its first year?
- ASurvive
- BExpand
- CMake a Profit
2SMART Objectives:
What does the S stand for?- ASpecific
- BSimilar
- CSystematic
3SMART Objectives:
What does the M stand for?- AMeasurable
- BMathematical
- CMarked
4SMART Objectives:
What does the A stand for?- AAchievable
- BAttainable
- CAccessible
5SMART Objectives:
What does the R stand for?- ARealistic
- BRational
- CReasonable
6SMART Objectives:
What does the T stand for?- ATime-Specific
- BTimed
- CTerm-Specific
7Growth is a business Objective, and the Aim could be £10 million sales in the UK
- ATrue
- BFalse
8Why have a business aim?
- AThey can be broken down to help specific functional areas understand what is required of them
- BIt can help Shareholders decide whether they want to invest
- CIt allows the CEO to tell his workforce what he alone wants them to do
9Being Ethically and Socially responsible is an aim for all Businesses
- ATrue
- BFalse
10Not all Companies Have a mission statement
- ATrue
- BFalse
11Which of these are possible Business Aims
- ACustomer Satisfaction
- BBeing Ethically responsible
- CAchieve sales of £1.5 million
- DSales Growth
- EExpansion
- FExpand to 7 different outlets
- GCut down unethical labor by 15%
- HMake a profit
Information
- Description
- Applied Business Single award
- Author
- jacksonkie
- Language
- English
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- 61
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