What is a business plan?
Entrepreneurship Chapter 3

Quiz
•
Business
•
10th - 12th Grade
•
Medium
Mr Gourley
Used 41+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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.
2.
MULTIPLE CHOICE QUESTION
30 sec • 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.
To help reduce the risk of business failure.
All of the above.
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What elements are not of a business plan?
Introduction
Management Plan
Insurance Plan
Marketing Plan
Financial Plan
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Complete the sentence: A business plan...
is useful once your business is operational but not much help during the startup phase
is not usually needed once the business is up and running
can serve as a tool for helping a business during the startup phase and for managing your business once it is up and running.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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