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Business Plan Quiz

Authored by Lazzy Masunda

Business

9th Grade

Used 3+ times

Business Plan Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a business plan primarily intended to do?

Present information on the entrepreneur's personal life

Outline the entrepreneur's favourite hobbies

Convince stakeholders that the business will be successful

Share details of the entrepreneur's high school education

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT included in the format of a business plan?

Financial Budget

SWOT Analysis

Management Plan

Contents Page

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The section of a business plan where you describe what product or service will be offered is:

Goals of the business

Production Plan

Marketing Plan

Description of the product or services offered by the business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should a business plan clearly explain about the location of the business?

The street address

Proximity to the entrepreneur's home

Size of the building

Description of the location

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which section of a business plan might provide information on the competition in the market?

Management plan

Production plan

SWOT analysis

Financial plan

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The goals of a business plan include:

Discussing the entrepreneur's failures

Explaining the vision and goals of the business

Outlining the entrepreneur's financial plan

Ignoring any long-term planning

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the SMARTER approach help with in a business plan?

Setting financial budgets

Identifying short-term, medium-term, and long-term goals

Creating the business logo

Selecting the business name

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