Saturday Catch Up 60 Qs

Saturday Catch Up 60 Qs

Professional Development

60 Qs

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Saturday Catch Up 60 Qs

Saturday Catch Up 60 Qs

Assessment

Quiz

Professional Development

Professional Development

Practice Problem

Hard

CCSS
RI.9-10.4, L.8.5A, RI.11-12.4

+4

Standards-aligned

Created by

M R

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60 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A target market is a group of _______ that the _______ has decided to aim its marketing efforts and ultimately its merchandise towards.

Companies, Business
Companies, Research
Customer, Business
Business, Customer

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

a business plan 

is useful once your business is operational but not much help during the startup phase
is not usually needed to secure financing in your business
can serve as a tool for managing your business once it is up and running
All of the above

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What is a business plan?

Written document that only outlines the business practices of the new business.

Written document that describes the financial aspects of the business.

Written document that only describes the ownership of the business.

Written document that describes all the steps necessary for opening and operating a successful business.

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Why do you need a business plan?

To explain your idea

the ability to get financing.

it's a road map that sets objectives and goals for the business

All of the above

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following statements about business plans is TRUE?

Business plans eliminate risk to lenders

Business plans reduce risk to lenders

Business plans increase risk to lenders

Business plans have no impact on risk to lenders

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of these pieces of information would NOT be in a business plan put together by a new business?

Target market

Market research

Profit

Estimated cashflow

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

This part of a business plan shows the knowledge of the industry and includes statistics on marketing data for the companies products/services, and evaluates competition

Executive Summary
Company Description
Strategy
Market Analysis

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