Business Planning

Business Planning

9th - 12th Grade

12 Qs

quiz-placeholder

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Business Planning

Business Planning

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Mr Dickinson

Used 10+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

A written document that describes an idea for a product or service and how it will make money.

List of Expenses

Startup Costs

Business Plan

2.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

The amount of money you need to launch your business.

Start-up costs

List of Expenses

Pricing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the cost of making each product or providing each hour of service?

profits and expenses

cost per unit

business plan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money you make.

Expenses

Savings

Income

5.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Which of the following best describes a business plan? A written document that describes:

The business, its objectives, strategies, financial forecasts and market

The marketing plan of the business

The objectives and key targets of the business

How the business will produce its products

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

An existing business may use a business plan to:

Focus on the business idea before start-up

Present to shareholders at the AGM

Secure external finance for business expansion

To share with employees in the business

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

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.

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