Business planning

Business planning

9th Grade

10 Qs

quiz-placeholder

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Business planning

Business planning

Assessment

Quiz

Business

9th Grade

Practice Problem

Hard

Created by

Ryan Herbert

Used 30+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of a business plan?

Helps with the planning of a business.

Helps in setting out a businesses strategy and requirements it needs for the future.

Used to create aims and objectives for the business.

Is a document that a business will utilise when hiring new staff.

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the advantages of having a business plan?

Motivate staff

It takes some time to complete

Help raise capital.

Will make the business look better.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the disadvantages of a business plan?

Not 100% accurate

Reduced brand image if business didn't have one.

Shows potential future problems

Shows how the business will be run

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is meant by revenue?

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What is included in a business plan?

Owner's home address

OWner's credit card information

Financial information of the business

Aims of the business

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What are the ways to improve revenue?

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is meant by fixed costs?

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