5 Questions
What is the primary aim of survival for new or small firms and those in highly competitive markets?
Survival
Which factor makes decision making easier and less time consuming for businesses when objectives are set?
Clear targets
What is the income of a business from its activities after deducting total costs?
Profit
What is the most common primary objective for private sector firms?
Profit making
What does setting objectives help to reduce in a business?
Conflict
Test your knowledge of business objectives with this quiz. Learn about the aims and targets that businesses work towards to run successfully, and the benefits of setting clear objectives.
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