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Business Planning Quiz

Authored by JESSE MCCANN

Business

10th Grade

Used 3+ times

Business Planning Quiz
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ____________ is a written document that outlines your goals and how you plan to reach those goals.

Business plan

Business summary

Business description

Business marketing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of business insurance protects you from damage to your equipment?

Liability insurance

Property insurance

Health Insurance

Professional insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does it mean to figure out what your platform will be?

Identify what your specific policies will be

Identify how you will take payment

Identify where your business will live online

Identify how you will ship your product

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to have a time limit on your goals?

You have to be able to measure your goals

You don’t want to use someone else’s goals

It gives you a definite date to work toward

It helps you increase your profits by 15%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Writing down your goals will do what for you?

Hold you accountable

Help you remember them

Keep them in front of you

All of these

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In addition to being yours and written down, strong goals must have what three qualities?

Specific, meaningful, and have a common thread

Singular, measurable, and have a foundation

Singular, meets a need, and have a time limit

Specific, measurable, and have a time limit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following questions is NOT something to be concerned about when hiring an employee?

Is this a part-time or full-time position?

How will you handle overtime, holidays, sick time, and vacations?

How often will you pay an employee?

How often will you provide free lunch?

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