
True or False Business Statements
Authored by Nelia Nicolas
Other
12th Grade
Used 1+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business plan is only useful for new entrepreneurs and not for established businesses.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The executive summary is the first section written when making a business plan.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Competitive analysis helps a business understand its competitors and their strategies.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The financial section of a business plan includes budgeting, sales forecasts, and cash flow projections.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The organizational chart in a business plan outlines the company’s structure and management roles.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The transformation process in production refers to converting raw materials into finished products.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Manpower is not considered an important factor in the production system.
True
False
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