Q4-CSS-SUMM

Which of the following refers to the concept, creating and managing business ventures by gaining profit and by taking different challenges and risk in the industry?

• Business plan

• Entrepreneurship          

• Entrepreneurial

• Management

The following are factors that we have to consider in putting up a business EXCEPT:

• Focus on execution

• Give back

• Maintain focus

• Be kind

Which factors refer to showing that you love what you’re doing?

• Be passionate

• Enjoy the journey

• Be flexible and persistent

• Rely on your team

The most important thing is on how to make your ideas into reality deal with _________________.

• Maintain focus

• Rely on your team

• Focus in execution

• Give back

Trust your gut feelings refer to _________ in making decisions.

• concern

• instinct

• intellect

• logic

What is the only single written document that must be prepared before opening a new business?

• Business plan

• Marketing plan

• Financial plan

• Operation plan

The following are included in the introduction of a business plan EXCEPT:

• Proposed name

• Address

• Name of the owner

• Business model

Which is considered the heart of the business plan?

• Executive summary

• Environmental analysis

• Business description

• Organization plan

Which of the following outlines the various activities, from acquisition of raw materials to the delivery of the products to the target customers?

• Organization plan

• Production plan

• Operation plan

• Marketing plan

Which of the following is NOT included on the 7P’s in the marketing plan?

• Product

• Place

• Promotion

• Profit