Purpose – Knowsia

BMF – MAY 2015 – L1 – SA – Q9 – Nature of Business, Types, and Objectives

Definition of an organization's mission in alignment with stakeholder expectations.

Question

An organisation’s mission can be defined as:

A. The overriding purpose in line with the values or expectations of stakeholders
B. The organisation’s business plan
C. The overriding purpose in line with the values or expectations of its owners
D. The desired future state of the organisation
E. The current state of the organisation

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Objectives, Mission Statement, Purpose, Stakeholders
Level: Level 1

Topic: Nature of Business, Types, and Objectives
Series: MAY 2015

MI – Nov 2021 – L1 – SA – Q6 – Budgeting

Identify the incorrect purpose of budgeting.

Question

Which of the following is NOT a purpose of budgeting?

A. To coordinate the actions of all the different parts of the organization
B. To communicate the company plans to individuals
C. To motivate managers and employees
D. To ensure that planning is linked to the long-term objectives
E. To convert short-term plans into more detailed long-term plans

Answer

Find Related Questions by Tags, levels, etc.

Tags: Budgeting, Planning, Purpose
Level: Level 1

Topic: Budgeting
Series: NOV 2021

BMF – MAY 2015 – L1 – SA – Q9 – Nature of Business, Types, and Objectives

Definition of an organization's mission in alignment with stakeholder expectations.

Question

An organisation’s mission can be defined as:

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Objectives, Mission Statement, Purpose, Stakeholders
Level: Level 1

Topic: Nature of Business, Types, and Objectives
Series: MAY 2015

MI – Nov 2021 – L1 – SA – Q6 – Budgeting

Identify the incorrect purpose of budgeting.

Question

Which of the following is NOT a purpose of budgeting?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Budgeting, Planning, Purpose
Level: Level 1

Topic: Budgeting
Series: NOV 2021

Question Tag: Purpose

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

BMF – MAY 2015 – L1 – SA – Q9 – Nature of Business, Types, and Objectives

Definition of an organization's mission in alignment with stakeholder expectations.

MI – Nov 2021 – L1 – SA – Q6 – Budgeting

Identify the incorrect purpose of budgeting.

BMF – MAY 2015 – L1 – SA – Q9 – Nature of Business, Types, and Objectives

Definition of an organization's mission in alignment with stakeholder expectations.

MI – Nov 2021 – L1 – SA – Q6 – Budgeting

Identify the incorrect purpose of budgeting.

Our offerings

Contact Info

Customer

Get In Touch

Question Tag: Purpose

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

BMF – MAY 2015 – L1 – SA – Q9 – Nature of Business, Types, and Objectives

Definition of an organization's mission in alignment with stakeholder expectations.

You're reporting an error for "BMF – MAY 2015 – L1 – SA – Q9 – Nature of Business, Types, and Objectives"

MI – Nov 2021 – L1 – SA – Q6 – Budgeting

Identify the incorrect purpose of budgeting.

You're reporting an error for "MI – Nov 2021 – L1 – SA – Q6 – Budgeting"

BMF – MAY 2015 – L1 – SA – Q9 – Nature of Business, Types, and Objectives

Definition of an organization's mission in alignment with stakeholder expectations.

You're reporting an error for "BMF – MAY 2015 – L1 – SA – Q9 – Nature of Business, Types, and Objectives"

MI – Nov 2021 – L1 – SA – Q6 – Budgeting

Identify the incorrect purpose of budgeting.

You're reporting an error for "MI – Nov 2021 – L1 – SA – Q6 – Budgeting"

Our offerings

Contact Info

Customer

Get In Touch

admin