Qrtr 2 ENTREP

It is an important part of the business plan because it simply states the details in operating the business.

• Study Background

• Business Plan

• 4M'S of Business Operation

• Operational or Production Plan

What represent four elements that underpin business operations? The interplay between these elements is essential for effective business management.

• Study Background

• Business Plan

• 4M'S of Business Operation

• Operational or Production Plan

To start my business, I need basic unprocessed (raw), small tools, accessories to be used. What element of 4M’S of Business Organization do I need to consider?

• Manpower

• Machine

• Materials

• Methods

They can be described as the “best friend” of manpower in producing goods and offering services to generate service. What element of 4M’S of Business Organization it is?

• Manpower

• Machine

• Materials

• Methods

 It describes how an entrepreneur would run the company from every aspect, including manufacturing products, offering services, distributing products and services, organizing the logistics of product delivery, and maintaining inventories.

• Manpower

• Machine

• Materials

• Methods

(a)   is the process of appointing a third-party manufacturer to do the manufacturing operations of the business

What 'R' word  is the result when sales exceed the cost to produce goods or render services?

(a)  

What 'F' word is a tool used in planning that aims to support management or a business owner in its desire to adjust and cope with uncertainties of the future?

(a)  

Select ALL of the possible source of capital

• Personal savings

• Stakeholders

• Charity donation

• Bank or financial institutions

• Fundraising activity

 It enumerates the duties and responsibilities of the potential employee, including the scope, limitations, and terms and conditions of employment.

(a)