Business Studies Multiple Choice Question – 9 June 2019

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Business Studies

Lucy runs a business called LucyArts Ltd, selling a range of art products in Stafford.

Lucy has set some objectives for LucyArts Ltd.

Which one of the following is a non-financial objective?

Select ONE answer:

  1. Revenue maximisation
  2. Personal satisfaction
  3. Profit maximisation
  4. Improve cash flow

 

Show the workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 2

  1. not an objective – does not mean anything.
  2. Correct – personal satisfaction can be an objective.
  3. again not an objective – does not mean anything.
  4. improving cash flow is not an objective.

 

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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