Each question in this quiz is timed.
What is a business objective?
A statement of what the company has achieved.
A statement of what the company is trying to achieve.
A statement of what the company is currently achieving.
Which is the best example of a SMART objective?
To make a 5% profit
To make a 5% profit soon
To make a 5% profit in the next year on the European chocolate bars' market
Which three of the following are the most likely reasons why individuals would want to start in business as a sole trader? Select three answers.
To increase their income
They dislike taking risks
Because they enjoy the challenge
to give them greater control over their future
They prefer to work for someone else
They are afraid of failure
