IB Business: Unit 1.3 Organizational Objectives

What term is used to describe what an organization exists for and what it intends to achieve?

Objectives do not...

A code of practice is not likely to include detail concerning...

Which of the following is not a threat within a SWOT analysis?

Examples of threats in a SWOT analysis include oil crises, recession, and natural disasters.

Objectives of public sector organizations are least likely to include...

Objectives are...

Objectives do not...

Survival is the main aim of businesses in the long term.

Which of the following is not an opportunity within a SWOT analysis?

The overall purpose of an organization can often be seen from its mission statement.

Businesses strive to be market leaders. Which of these methods is least likely to achieve this?

Using the Ansoff matrix, Which of these is not a method of growth?

All businesses have an aim to make profit for their owners.

The declaration of the future identity of a business is known as its...

"The vision of an organization, known as its overall purpose." This is the definition of?

If a business behaves ethically, its profits will fall in the short run.

What does the 'R' in SMART objectives stand for?

Being socially responsible is the same as being environmentally responsible.

Is polluting the environment legal, or illegal in your country?