Quiz: Profitability as a Business Objective
Edexcel IGCSE Business Studies (4BS0)
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Welcome! So far, you've learned about business activity, the role of businesses in the economy, and their objectives. Today, we'll focus on **profitability** as a key business objective. Let's get started!
What does profitability measure in a business?
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Which factors can affect a business's profitability? (Select all that apply)
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Profitability is calculated by comparing profit to {{blank0}}.
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Match the items on the left with their correct pairs on the right
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Why is profitability important for a business?
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A higher profit margin indicates that a business is more {{blank0}}.
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Match the items on the left with their correct pairs on the right
Which of the following best describes profit?
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Which of these are methods to improve profitability? (Select all that apply)
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