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Steps in Planning a Business (CSEC)

Total questions: 12

Worksheet time: 9mins

Name
Class
Date
1.

Which of the following is NOT a role of an Entrepreneur?

a)

Conceptualizing

b)

Accessing finance

c)

Doing Research

d)

Preparing Vacation Leave

2.

An assessment or evaluation of the practicality of a proposed plan or idea.

a)

Conceptualizing

b)

Organizing

c)

Operating

d)

Feasibility

3.

Select ALL the types feasibility studies an entrepreneur may conduct.

a)

Legal

b)

Economical

c)

Motivational

d)

Technical

4.

Select ALL FOUR elements of a SWOT analysis.

a)

Weaknesses

b)

Strengths

c)

Technical Feasibility

d)

Threats

e)

Opportunities

5.

These are the "bad things" in your business environment.

a)

Weaknesses

b)

Strengths

c)

Technical Feasibility

d)

Threats

e)

Opportunities

6.

These are the "good things" in your business environment.

a)

Weaknesses

b)

Strengths

c)

Technical Feasibility

d)

Threats

e)

Opportunities

7.

These are the "expertise and good things" within your business.

a)

Weaknesses

b)

Strengths

c)

Technical Feasibility

d)

Threats

e)

Opportunities

8.

GIGO means:

a)

Great Internal Gaming Organisation

b)

Grand Institute of Gaining Operations

c)

Garbage In Garbage Out

d)

Great Information Gathering Out there

9.

Which of these are NOT a type of data source?

a)

Primary

b)

Elementary

c)

Secondary

d)

Tertiary

10.

A fire officer giving a report at the actual scene of the fire is which of the following type of data source?

a)

Primary

b)

Elementary

c)

Secondary

d)

Tertiary

11.

A written document containing the goals, methods for attaining and the time-frame for the achievement of the goals of a business.

a)

Conceptualization

b)

Prospectus

c)

Business Plan

d)

Port-folio

12.

Which of the following is NOT an element of a business plan

a)

Marketing plan

b)

Prospectus

c)

Operational plan

d)

Executive Summary