EMS-Business Plan-9A

What is a business plan?

• A legal document for the business

• A plan of action for starting a business

• A list of employees

• A financial report

How do you determine your business's TARGET MARKET?

• By compiling a financial plan

• By doing market research

• By approaching investors

• By deciding who your competitors are

Which of the following is NOT one of the Marketing Plan's four Ps?

• PRICE

• PROMOTION

• PERFORMANCE

• PLACE

What is an organogram

• It is a visual layout of the business's financial plan

• It is a visual layout of the business's marketing plan

• It describes the weight of the different organs in the human body

• It is a visual layout of the different departments and their managers in the business

Which of the following best describes a SWOT analysis?

• An analysis of the company's revenue and expenses

• An evaluation of strengths, weaknesses, opportunities, and threats

• A method to calculate business taxes

• An evaluation of strengths, wellness, opportunities, and talent

Which one of the following is NOT part of the three levels of management?

• Horizontal Level

• Top Level

• Lower Level

• Middle Level

A Sales Officer is part of which level of management?

• Horizontal Level

• Top Level

• Lower Level

• Middle Level

Sipho wants to start a butchery next to a street that has lots of Chisa Nyamas. He is the only butchery. This is a...

• Strength

• Weakness

• Opportunity

• Threat

What does a management plan in a business plan include?

• The financial goals of the business

• The roles and responsibilities of employees

• The business's marketing strategies

• The pricing of products

Which of the following is not part of the FINANCIAL PLAN

• Monthly Budget

• Projected Income and Expenditure Statement

• Organogram

• Growth Plan