
Business Plan vs Lean
Authored by Breanna Lewis
Business
9th - 12th Grade
Used 3+ times

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22 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business plan is a(n):
PowerPoint presentation that entrepreneurs give to sponsors in order to raise money
written document that describes a business and how it will operate
document that business owners look at before they acquire a new franchise
description of the business to be distributed to investors only
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The U.S. Small Business Administration (SBA):
was created to administer trade agreements and provide technical assistance to small businesses
was created to help America’s entrepreneurs form successful businesses
promotes fair advertising and selling practices
is an organization developed to keep small business from becoming larger and turning into monopolies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Refers to how people think and talk about you when you're not present.
Positioning
Promotion
People
Place
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A ____________________________ describes the nature of your business and list the marketplace needs that you are trying to satisfy.
Market Analysis
Financial Reports
Appendix
Company Description
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The primary purpose of a business plan is to define what the business is or what it intends to be over time.
True
False
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What element(s) are NOT of a business plan?
Introduction
Operations & HR Plan
Insurance Plan
Marketing Plan
Financial Plan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Effective business writing is easy to read.
True
False
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