Review of Business Plan

Review of Business Plan

11th - 12th Grade

27 Qs

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Review of Business Plan

Review of Business Plan

Assessment

Quiz

Fun

11th - 12th Grade

Medium

Created by

Steven Howard

Used 24+ times

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27 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A business plan is a written document that describes all the steps necessary for opening and operating a successful business.

True
False

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A business plan is a written document that describes all the steps necessary for opening and operating a successful business.

True
False

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This section of your business plan should describe the products and/or services you will offer,  the market, the industry, and your location

Operations
Marketing
Statement of Purpose
Appendix

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This section of your business plan, will explain how the business will be managed on a day-to-day basis.

Marketing
Statement of Purpose
Appendix
Operations

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This section of the business plan will help determine your financial needs.

Financial Management
Operations
Marketing
Introduction

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The purpose of a business plan includes which of the following?

it explains your idea for a product or service
it sets specific objectives and describes how they will be achieved
it describes the backgrounds and experiences people  who will run the business
all answers are correct

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business plan is important for a new business for all of the following reasons EXCEPT

it makes you think about all aspects of your business
it can help you communicate your ideas to others
it guarantees you will get financing for your business
it can serve as a tool for managing your business

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