Quiz: Why Business Objectives Change as a Business Evolves
iGCSE Business Studies [Edexcel]
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Building on what you've learned about business objectives, let's explore why these objectives might change as a business grows and evolves. This quiz will help you understand these changes!
Which of the following is a reason why business objectives change over time?
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Which of the following factors might lead to a business changing its objectives? (Select all that apply)
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When businesses grow, they often shift their focus from survival to achieving higher {{blank0}}, such as increasing {{blank1}}.
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Match the items on the left with their correct pairs on the right
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What might cause a business to set social aims as an objective?
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Match the items on the left with their correct pairs on the right
Match the items on the left with their correct pairs on the right
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Which of the following are external factors that could influence a change in business objectives? (Select all that apply)
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As a business evolves, {{blank0}} objectives like market share may replace earlier {{blank1}} objectives such as survival.
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Why might a mature business focus on corporate social responsibility (CSR)?
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