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Quiz CH4 & 5

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Collection of all internal and external factors is the definition for?

a)

SWOT Analysis

b)

Business Plan

c)

Pestle Analysis

d)

Business Environment

2.

A good business environment will .....

a)

Assists in planning and ignore the overall performance, growth and profitability of the business

b)

Assists in planning and improves the overall performance, growth and profitability of the business

c)

Assists in planning and burden the overall performance, growth and profitability of the business

d)

None of the above

3.

Categories of Entrepreneurship Environment

a)

Politician, Economic ,Social ,Technological

b)

Political, Economic ,Social ,Technological

c)

Political, Economic ,Social ,Technical

d)

Political, Economic ,Societal ,Technological

4.

Environmental analysis is define as ....... except

a)

a strategic management tool to quickly and easily define and communicate a business idea or concept

b)

an overview of your business idea from every perspective

c)

the act of creating a business while building and scaling it to generate an income

d)

an important tool in understanding and decision making in all situation of the business

5.

Business Model Canvas (BMC) is a

a)

visual chart to analyze the key factors that influencing an organization from the outside.

b)

visual chart that consist things that you have some control over and can change

c)

visual chart with elements describing a firm’s best option for the success and growth

d)

none of the above

6.

Business Plan is define as

a)

an aggregate of all conditions, events and influences that surround and affect it. It is broad and ever changing as its separate elements interact

b)

a strategy is a long-term plan that you create for your company to reach the desired, future state you envision

c)

assists in planning and improves the overall performance, growth and profitability of the business

d)

written document that describes in detail how a business usually a startup to achieve its goals

7.

Purpose of Business Plan includes all the criteria...except

a)

to describe a business opportunity

b)

to dismantle a business opportunity

c)

to identify a business opportunity

d)

to inspect a business opportunity

8.

Component of Business Plan. EXCEPT

a)

Marketing Plan

b)

Financial Plan

c)

Organical Plan

d)

Operational Plan

9.

This plan will help the company to maps out the day-to-day tasks required to run a business

a)

Organizational Plan

b)

Marketing Plan

c)

Operational Plan

d)

Financial plan

10.

A good __________ should include details about company cash flow, savings, debt, investments and any other elements of the fiscal life

a)

financial planning

b)

marketing planning

c)

organizing planning

d)

operational planning