Vision/Mission Statements, Goals, and Objectives (Grade 10 NSC Matric Business Studies): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
ShowHide
Practise the questions
10 questions from this quiz
How far into the future does a vision statement typically look?
How far into the future does a vision statement typically look?
5-10 years ahead
What is the primary temporal focus of a mission statement?
What is the primary temporal focus of a mission statement?
The present day
What defines remuneration in a business context?
What defines remuneration in a business context?
Pay for an employee's services performed
What are fringe benefits?
What are fringe benefits?
Extra benefits like company car/healthcare
What is a trading licence?
What is a trading licence?
Permission from local govt to operate
What do patents protect?
What do patents protect?
Unique inventions or processes
What is a target market?
What is a target market?
Specific group most likely to buy
Which is an example of 'Place' in the marketing mix?
Which is an example of 'Place' in the marketing mix?
Online shopping platforms
What does 'Process' focus on in the 7Ps?
What does 'Process' focus on in the 7Ps?
Systems ensuring smooth operations
What role does a mission statement play?
What role does a mission statement play?
Bridge between current reality & vision