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Planning Function

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

A Vision Statement is?

a)

Short term

b)

Long term

c)

Informal plan

d)

Step by step plan

2.

A planning tool that helps a business to not over spend.

a)

Schedule

b)

Budget

c)

Policy

d)

Procedure

3.

A business plan is used to

a)

To think through your business ideas

b)

To find investors in your business

c)

To develop a marketing strategy

d)

To do market research

4.

Which planning tool helps a business to define the behaviors of employees?

a)

Budget

b)

Schedule

c)

Procedure

d)

Standards

5.

The planning acronym DECIDE helps in the __________ processes.

a)

Decision

b)

Schedule

c)

Training

d)

Hiring

6.

Strategic planning is meant for _________ goals

a)

Long-term

b)

Short-term

c)

Immediate

d)

part-time

7.

An objective is a ___________ goal

a)

Short-term

b)

Strategic

c)

Long-term

d)

Distant

8.

The I in the DECIDE acronym stands for

a)

Identify pros & cons

b)

Increase options

c)

Involve stakeholder

d)

Include budget

9.

A mission statement is used to express a companies

a)

policies & procedures

b)

aims & values

c)

budget & finances

d)

hiring & training

10.

Operational planning is for ____________ goals.

a)

Long-term

b)

Short-term

c)

Future

d)

Distant