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Edexcel IGCSE Business Studies Chapter quiz Ch 2

minsung.kang 10 questions

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Questions in this quiz (10)

  1. 1Why is an objective NOT important to a business?
    1. AEmployees need something to work towards.
    2. BWithout objectives owners might not have the motivation
    3. CObjectives lets a business skip steps to achieve it.
    4. DIt's easier to assess the performance of a business.
  2. 2Does S in SMART objectives stand for smart?
    1. ATrue
    2. BFalse
  3. 3Does M in SMART objectives stand for measurable?
    1. ATrue
    2. BFalse
  4. 4Does A in SMART objectives stand for appropriate?
    1. ATrue
    2. BFalse
  5. 5Does R in SMART objectives stand for reproductive?
    1. ATrue
    2. BFalse
  6. 6Does T in SMART objectives stand for traditional?
    1. ATrue
    2. BFalse
  7. 7What are the objectives of a business in private sector?
    1. ASurvival
    2. BProfit
    3. CGrowth
    4. DWealth creation
    5. EIncrease market share
    6. FImage
    7. GReputation
    8. HSocial Responsibility
    9. ITaking over government
  8. 8Is mission statement is often directed at suppliers.
    1. ATrue
    2. BFalse
  9. 9Which of these are possible objectives of a public sector business?
    1. AIncreasing special needs provision in schools
    2. BIncreasing response time by the emergency services.
    3. CReducing specific crime rates.
    4. DReducing waste sent to landfill
    5. EIncreasing the number of students entering higher education
    6. FMaking another business collapse into ashes
    7. GReducing economical growth
    8. HWorld domination
    9. IIncreasing the number of public sector business.
  10. 10What does the term Mission statement mean?
    1. AA brief summary of a firm's aims and objectives.
    2. BA detailed paragraph of a firm's aims and objectives.
    3. CAn essay about a firm's aims and objectives.
    4. DA book about the life of a business

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Quiz on Chapter 2.
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