WorksheetsManagement Activities-Planning
Total questions: 15
Worksheet time: 10mins
Planning is the setting down of specific _________ and ________.
Products and services
Goals and Objectives
Finance and Control
Planning provides a business with ____________ and ___________.
Loans and Mortgages
Consumers and Competitiors
Purpose and Direction
Planning is important to a business because it ...
Helps raise finance
Provides competition
Reduces uncertainty
improves control
Plans are essentially for the future success of any business.
I agree
I disagree
The letters SWOT stand for...
Strengths are ............ attributes to a business
internal
external
Threats are .............. factors influencing a business
internal
external
Weakness are ............ atrributes of a business
internal
external
Opportunities are ............. factors influencing a business
internal
external
A strategic plan is a .......... .......... plan
short term
long term
A tactical plan is a ........... ........... plan.
short term
long term
Explain the term 'mission statement'.
A business must ensure that all plans are SMART. What does the letter 'S' stand for?
Strategic
Specific
Strength
Set
Apple set to exceed last years iPhone 12 sales this year (2021).This is an example of a
strategic plan
mission statement
tactical plan
Aer Lingus have implemented a plan that hopes to achieve expansion of their airline fleet over the next 6 years. This is an example of a ........... ...........
