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BUSINESS PLAN VOCAB

Authored by Victoria Dominguez

Business

9th - 12th Grade

10 Questions

Used 12+ times

BUSINESS PLAN VOCAB
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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

WHAT IS A VISION STATEMENT?

description of your company's purpose, your goals, and the kinds of products or services you provide to help your audience find solutions to their pain points.

a person's principles or standards of behavior; one's judgment of what is important in life.

a document that states the current and future objectives of an organization

I HAVE NO IDEA

2.

MULTIPLE SELECT QUESTION

1 min • 1 pt

A MISSION STATEMENT IS NOT NEEDED

TRUE?

FALSE?

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

WHAT IS A MISSION STATEMENT?

is a concise description of your company's purpose, your goals, and the kinds of products or services you provide to help your audience find solutions to their pain points.

is a document that states the current and future objectives of an organization.

is intended as a guide to help the organization make decisions that align with its philosophy and declared set of goals

4.

MULTIPLE SELECT QUESTION

1 min • 1 pt

WHAT IS A BUSINESS PLAN? CHECK ALL THAT APPLY.

Is a written description of your businesses future,

A document that tells what you plan to do and how you plan to do it.

Defines what an organization is, why it exists, its reason for being.

The core values that shape the acts and behaviour of the employees

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

TRUE OR FLASE? Target Market and Target Audience is the same thing?

False

True

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

WHICH IS AN EXAMPLE OF AN OBJECTIVE? CHECK ALL THAT APPLY

Increase profit margin

Increase efficiency

Capture a bigger market share

Improve employee training

7.

FILL IN THE BLANK QUESTION

2 mins • 1 pt

A business can use a variety of __________ when selling a product or service.

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