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3720998
Objectives for starting up
Description
Quizz to assess learning of objectives to start up a business
No tags specified
objectives
start up
business
business
pgce
Quiz by
nadia_delorme
, updated more than 1 year ago
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Created by
nadia_delorme
about 9 years ago
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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
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