1) To make a profit is a key objective for which sector? a) Private b) Public c) Third 2) To continually innovate new products that meet a customer need or want is an objective for which sector? a) Public b) Private c) Third 3) The public sector is responsible for... a) Ensuring tax payers money is spent effectively b) ensuring adequate provision of public services e.g. schools and hospitals   c) Delivering excellent quality of services d) All of the above 4) Which type of third sector organisation is run like a private sector business? a) Voluntary organisation e.g. youth club b) Social Enterprise c) Charities 5) Social Enterprises must state their social mission to the public and use a percentage of their profits for their social cause? a) True b) False 6) Which objective is the most important of all? a) Profit b) Customer Satisfaction c) Survival d) Innovation and Enterprise e) Market share

Business Objectives

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