REVISION QUIZ _REMATCH TEST 2 B GYMNAS.

During the initial steps of a Business Plan it's important to perform a S.W.A.T analysis (The name comes from the initial letters)

• TRUE

• FALSE

Answer explanation

The Operation Plan describes how the business will function ‘Day to Day’.

• TRUE

• FALSE

The Executive Summary should tell the reader what your company wants to achieve regarding the sales and promotion.

• TRUE

• FALSE

Answer explanation

The summary should tell the reader what your company wants to achieve regarding any possible aspect that we need to plan before.

The design and development section provides investors with a description of the product's design and requirements.

• TRUE

• FALSE

The process of Product Design starts always with assessing a problem or a human need.

• TRUE

• FALSE

Testing is one of the initial necessary steps on Product Design process.

• TRUE

• FALSE

Answer explanation

A Marketing Plan is needed only before the start up of a new company.

• TRUE

• FALSE

A logo is a graphic mark, emblem, or symbol used to aid and promote public identification and recognition. It’s the graphic illustration of a brand name.

• TRUE

• FALSE

A LOGO MUST BE AN ORIGINAL IDEA BUT IT IS NOT COPYRIGHT PROTECTED

• TRUE

• FALSE

Labeling is not related with the process of packaging.

• TRUE

• FALSE