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10th -



Chapter 5: Business & Stakeholder Objectives


10 questions

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  • 1. Multiple Choice
    1 minute
    1 pt
    One of the claimed benefits of having clear objectives is that
    all customers know what the business is trying to achieve
    the managers have a sense of direction when taking decisions
    the business will always make a profit
    there will be no arguments between managers and workers 
  • 2. Multiple Choice
    1 minute
    1 pt
    Which one of the following isn't likely to be a common business objective?
    To make profit
    To provide a service to the community
    To pay as much tax as possible
    To increase market share
  • 3. Multiple Choice
    1 minute
    1 pt
    A business might have growth as one of its objectives because
    they will be able to benefit from diseconomies of scale
    they would be more likely to increase market share
    the shareholders always prefer growth to increased profits
    all businesses have to grow in order to survive
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