Framework for activity - Business Aims, Objectives and mission statements

Descrição

Applied Business Single award
jacksonkie
Quiz por jacksonkie, atualizado more than 1 year ago
jacksonkie
Criado por jacksonkie mais de 10 anos atrás
43
1

Resumo de Recurso

Questão 1

Questão
Which of these Business Aims is most likely to be for a business currently in its first year?
Responda
  • Survive
  • Expand
  • Make a Profit

Questão 2

Questão
SMART Objectives: What does the S stand for?
Responda
  • Specific
  • Similar
  • Systematic

Questão 3

Questão
SMART Objectives: What does the M stand for?
Responda
  • Measurable
  • Mathematical
  • Marked

Questão 4

Questão
SMART Objectives: What does the A stand for?
Responda
  • Achievable
  • Attainable
  • Accessible

Questão 5

Questão
SMART Objectives: What does the R stand for?
Responda
  • Realistic
  • Rational
  • Reasonable

Questão 6

Questão
SMART Objectives: What does the T stand for?
Responda
  • Time-Specific
  • Timed
  • Term-Specific

Questão 7

Questão
Growth is a business Objective, and the Aim could be £10 million sales in the UK
Responda
  • True
  • False

Questão 8

Questão
Why have a business aim?
Responda
  • They can be broken down to help specific functional areas understand what is required of them
  • It can help Shareholders decide whether they want to invest
  • It allows the CEO to tell his workforce what he alone wants them to do

Questão 9

Questão
Being Ethically and Socially responsible is an aim for all Businesses
Responda
  • True
  • False

Questão 10

Questão
Not all Companies Have a mission statement
Responda
  • True
  • False

Questão 11

Questão
Which of these are possible Business Aims
Responda
  • Customer Satisfaction
  • Being Ethically responsible
  • Achieve sales of £1.5 million
  • Sales Growth
  • Expansion
  • Expand to 7 different outlets
  • Cut down unethical labor by 15%
  • Make a profit

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