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WorksheetsBusiness Plan - MCQ
Total questions: 16
Worksheet time: 8mins
Stright forward cost/ Direct cost
labour
rent
service charge
Office perks
Cost that can be identified and can be quantified.
Intangible cost
Tangible cost
Indirect cost
Direct cost
Raising capital through the sale of shares.
Debt Financing
Equity Financing
Mazzanine Capital
Funding from familly and friends
Investment in this is also called a capital investment.
Land
Equipment
Building
All of the above
................... are the inputs used in the production process to create finished products.
Raw materials
Money
Building
Inventory
............................ is a systematic approach to using and reusing materials more productively over their entire life cycles.
Sustainable materials management
Master planning
Evolutionary proces
Fact-based arguments
......................... are those materials with good performance or good functions that can be used in harmony with the environment.
Ecomaterials
Raw materials
Substitute material
Re-using material
What should be your first step in starting a business?
Incorporation
Tax filing
shareholder agreement
SHE
Which demand forecast technique is based on statistical and mathematical concepts?
Quantitative methods
Opinion sampling
Naïve techniques
Qualitative methods
Difference between revenue and cost.
Money
Cost
Profit
Revenue
The producer receives payments from the sale of goods. Such sale proceeds are referred to as ..........................
Money
Cost
Profit
Revenue
What is a business plan?
Written document that only outlines the business practices of the new business.
Written document that describes the financial aspects of the business.
Written document that only describes the ownership of the business.
Written document that describes all the steps necessary for opening and operating a successful business.
Complete the sentence: A business plan...
is useful once your business is operational but not much help during the startup phase
is not usually needed once the business is up and running
can serve as a tool for helping a business during the startup phase and for managing your business once it is up and running.
