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 they change as a business evolves!
Which of the following is an example of a financial business objective that might change as a business grows?
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Why might a business change its objectives as it evolves? (Select all that apply)
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When a business achieves {{blank0}}, it may shift its focus to growth or increasing {{blank1}}.
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Match the items on the left with their correct pairs on the right
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A business aims to increase its market share by 20%. If its current share is 15%, what will its new market share be?
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What external factor might lead a business to prioritise ethical objectives as it grows?
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Match the items on the left with their correct pairs on the right
Which objectives might become more important for a business as it grows? (Select all that apply)
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External influences such as {{blank0}} and {{blank1}} can force a business to adapt its objectives.
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Why might a business change its objectives to focus on social aims?
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