Ch. 35 The Business Plan

Ch. 35 The Business Plan

9th - 12th Grade

17 Qs

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Ch. 35 The Business Plan

Ch. 35 The Business Plan

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Clara Wehmeyer

Used 1+ times

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17 questions

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1.

MULTIPLE CHOICE QUESTION

15 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.

2.

MULTIPLE CHOICE QUESTION

15 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.

To help reduce the risk of business failure.

All of the above.

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

How a company will make customers aware of its products/services

Marketing Plan
Industry Overview
Product and Service Plan
Growth Plan

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Who will run the company as well as management’s philosophy

Organizational Plan
Operational Plan
Executive Summary
Company Description

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Research of the potential customer’s profile

Market Analysis
Marketing Plan
Mission Statement
Growth Plan

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A plan presenting financial forecasts for the business

Loan Proposal
Financial Plan
Business Loan Plan
Investor Plan

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The specific aspirations of a company, the major goals it will try to reach.

Vision Statement
Company Description
Mission Statement
Executive Summary

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