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Entrepreneurship

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

It is a brief introduction and summary of your business plan.

a)

Financial Paln

b)

Executive Summary

c)

Company Discription

d)

Sales Strategy

2.

It is a comprehensive document that outlines a company’s overall marketing effort

a)

Operational Plan

b)

Organizational Plan

c)

Marketing Plan

d)

Financial Plan

3.

It entails staffing and resource allocation and is one of the most important responsibilities of a management team.

a)

Market Profile

b)

Production Plan

c)

Company Discription

d)

Organizational Plan

4.

This is the part of your business plan where you will describe the specific products or services (pricelist) you’re going to offer.

a)

Products and Services

b)

Marketing Plan

c)

Operational Plan

d)

Production Plan

5.

It is a plan by a business or individual on how to go about selling products and services and increasing profits.

a)

Executive Summary

b)

Market Profile

c)

Financial Plan

d)

Sales Strategy

6.

It is a comprehensive picture of your current finances, your financial goals, and strategies, you have set to achieve those goals

a)

Sales Strategy

b)

Financial Plan

c)

Executive Summary

d)

Marketing Plan

7.

It is a company summary of the business name, location, and legal structure if it is a Sole Proprietorship, corporation, cooperative, or partnership.

a)

Executive Summary

b)

Company Discription

c)

Market Profile

d)

Products and Services

8.

It describes what the organization needs to do now to achieve the vision. 

a)

Executive Summary

b)

MIssion

c)

Sales Strategy

d)

Values

9.

It refers to the target group of buyers.

a)

Marketing Plan

b)

Products and Services

c)

Company Discription

d)

Market Profile

10.

It utilizes the resource allocation of activities of employees, materials, and production capacity, in order to serve different customers.

a)

Production Plan

b)

Product and Services

c)

Marketing Plan

d)

Executive Summary