Objectives for starting up

Description

Quizz to assess learning of objectives to start up a business
nadia_delorme
Quiz by nadia_delorme, updated more than 1 year ago
nadia_delorme
Created by nadia_delorme about 9 years ago
11
0

Resource summary

Question 1

Question
What is a business objective?
Answer
  • 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.

Question 2

Question
Which is the best example of a SMART objective?
Answer
  • 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

Question 3

Question
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.
Answer
  • 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
Show full summary Hide full summary

Similar

Forms of Business Ownership Quiz
Noah Swanson
Unit 3 Business Studies
Lauren Thrower
Contract Law
sherhui94
AQA Business Unit 1
lauren_binney
Digital Marketing Strategy - The Essentials
Micheal Heffernan
What is Marketing?
Stephanie Natasha
Chapter 18 - Marketing mix(Product & Price)
irene floriane
Market Segementation
Noah Swanson
Business Studies - AQA - GCSE - Business Studies Key Terms
Josh Anderson
Business Marketing
s1500782
3. Enterprise, business growth and size
shlokashetty98