Business Plan Essentials Quiz

Business Plan Essentials Quiz

12th Grade

72 Qs

quiz-placeholder

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Business Plan Essentials Quiz

Business Plan Essentials Quiz

Assessment

Interactive Video

Business

12th Grade

Hard

Created by

SANDRA J LEICHLITER

FREE Resource

72 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial condition of the speaker when starting their first business?

Extensive business experience

Several business partners

A small amount of funding

No money and no skills

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many main sections does the speaker's business plan have?

Four

Five

Seven

Six

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is included in the overview section of the business plan?

Customer demographics

Marketing strategies

Company structure and mission

Financial projections

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of having a business mission as per the business plan?

To define the company's ethical standards

To attract investors

To guide all strategic plans and actions

To set employee expectations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the chart of accountability in the business plan?

It outlines financial responsibilities only

It details marketing, operations, and financial responsibilities

It lists the qualifications of the management team

It provides a schedule for business operations

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the company's message section address?

The company's financial status

Details about product manufacturing

Employee roles and responsibilities

How the company solves customer problems

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the key components of the marketing strategy in the business plan?

Visibility, lead generation, and conversion strategies

Product pricing and distribution channels

Investor relations and funding

Legal and regulatory compliance

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