
Understanding Business Plans
Computers
9th Grade
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a business plan?
A document detailing each element of a business
A financial statement of a business
A marketing strategy
A list of employees in a company
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the first section of a business plan usually about?
The business idea
Revenue forecast
Marketing mix
Cash flow forecast
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does SMART stand for in business objectives?
Specific, Measurable, Agreed, Realistic, Timed
Simple, Manageable, Achievable, Realistic, Timely
Strategic, Measurable, Attainable, Relevant, Timed
Specific, Manageable, Agreed, Realistic, Timely
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a target market?
A group of people a business aims to sell to
A list of competitors
A financial goal for the business
A location for the business
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a revenue forecast?
A business location
A marketing strategy
A list of expenses
A prediction of future revenue
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a cash flow forecast predict?
The number of employees needed
Money flowing in and out of a business
The location of the business
The best marketing strategy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the four Ps in the marketing mix?
Plan, People, Price, Promotion
Plan, Price, Product, People
Product, Price, Place, Promotion
Product, People, Place, Promotion
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