
Q2_G12_BUSINESS SIMULATION
Quiz
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Life Skills
•
12th Grade
•
Practice Problem
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Medium
Angelo Laher
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of collecting, understanding, and analyzing data to understand the market environment is called Market Segmentation.
FACT
BLUFF
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Strategic planning is a process in which an organization's leaders define their vision for the future and identify their organization's goals and objectives.
FACT
BLUFF
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Vision refers to the general statement of how an organization achieve a goal.
FACT
BLUFF
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The question "What is the geographic scope of the enterprise?" is an example Strategic Planning guide question?
FACT
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5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Goal/s refers to the declaration of the purpose the organization.
FACT
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6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business plan lays out a written road map for the firm from marketing, financial, and operational standpoints.
FACT
BLUFF
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Product and Services section describes how the company will attract and keep its customer base and how it intends to reach the consumer.
FACT
BLUFF
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