Financial Planning Unit 3 Part 2

Financial Planning Unit 3 Part 2

Assessment

Flashcard

Business

12th Grade

Hard

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30 questions

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1.

FLASHCARD QUESTION

Front

In which section of the business plan will Elena put a copy of her business blueprint?

Back

Appendix

2.

FLASHCARD QUESTION

Front

The part of the business plan that gives an overview of the entire document is the:

Back

executive summary.

3.

FLASHCARD QUESTION

Front

How can a start-up business benefit from writing a business plan?

Back

by defining managers’ roles

4.

FLASHCARD QUESTION

Front

In what way can an existing business benefit from writing a business plan? Options: begin operations, identify managers’ roles, acquire funding for a new idea, determine how to distribute profits

Back

acquire funding for a new idea

5.

FLASHCARD QUESTION

Front

In Keindra’s business plan, where will she place her evidence of customer interest in her new product?

Back

Market Analysis

6.

FLASHCARD QUESTION

Front

Erin and Evan, as part of preparations to sell their consignment shop, should write a business plan to:

Back

place a value on the company.

7.

FLASHCARD QUESTION

Front

Since Justin needs to examine the methods used to reach his company’s goals, he wants to write a business plan to:

Back

implement a strategic plan.

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