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Business Plan Unit

Authored by Wesley Starkes

Business

9th - 12th Grade

Used 39+ times

Business Plan Unit
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which word BEST describes the role of a business plan?

Permanent

Essential

Optional

Exhaustive

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the SECOND step in developing a business idea?

generate multiple ideas

develop a minimally viable version

test the product with customers

decide if the idea is feasible

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Once a potential business concept has been proven to be financially feasible, which aspect of the business plan should the entrepreneur consider NEXT?

Investors

Ideation

Market

Presentation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the LAST step in developing a new business idea?

generating additional concepts

planning for unforseen setbacks

testing a prototype with customers

deciding if an idea is feasible

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business plan is to a new business as a _____ is to a new house.

Front Yard

Foundation

Mortgage

Mailbox

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which part of the business plan describes how the product or service will reach customers?

Operations

Company Overview

Sales and Marketing

Financials

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which part of the business plan provides a summary of how the business will be run?

Executive Summary

Company Overview

Market Research

Operations

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Microsoft

Microsoft

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Apple

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