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Chapter 8: Business Plan Quiz

Authored by safwan muhamad

Education

12th Grade

Used 2+ times

Chapter 8: Business Plan Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary objective of preparing a business plan?

To design a logo

To hire new employees

To create a marketing strategy

To evaluate the viability of the planned business

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are the typical readers of a business plan?

Only the entrepreneur

Investors and financial institutions

Entrepreneur and customers

Government agencies

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What section comes first in the outline of a business plan?

Introduction

Main Body

Cover Page

Executive Summary

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT included in the Administrative Plan?

Organizational Chart

Business and Operation Hour

Vision, Mission & Objectives

Personnel Roles & Responsibilities

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the Financial Plan include?

Project Implementation Cost

Marketing Strategy

Market Analysis

Sales Forecast

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the Executive Summary?

To provide a detailed financial analysis

To convince relevant parties that the business is feasible and viable

To give a brief overview of the business

To outline the marketing strategy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a component of the Marketing Plan?

Business Background

Sales forecast

Operational Layout

Business and operation hours

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