Management Organization And Product/Service Plan

1. What is the section of the business plan that contains information about the company's management?

• a) Marketing Plan

• b) Management Organization

• c) Financial Plan

• d) Sales Report

2. Which of the following is not part of the Management Organization?

• a) Key Personal

• b) Organizational Chart

• c) Material Requirements

• d) Ownership and Capitalization

3. What is the primary purpose of the Product/Service Plan?

• a) To present the company's history

• b) To describe the product or service being offered

• c) To list the company's expenses

• d) To identify business competitors

4. What does an Organizational Chart contain?

• List of company products

• Structure of company positions

• List of suppliers

• Marketing strategies

5. Why are Vision and Mission Statements important?

• To make product sales easier

• To guide the company’s direction and goals

• To attract more investors

• To show profits to customers