WorksheetsHTIIB: Unit 3 Practice Quiz
Total questions: 7
Worksheet time: 4mins
What is the term used to describe the few sentences that sum up the goals of a business into one compelling idea?
business plan
vision statement
revenue
P&L
What is the final item that Elise’s business plan should include—plans that she and her team are going to take to put her strategies into place?
intrinsic
equity
vision
action
What document summarizes a company’s income as well as its costs?
profit and loss statement
budget
market mix
revenue
Samaia works at a hotel and is considered very good with people, always helping guests get the information and services they need for their stay, checking them into their rooms, creating their room keys, and fulfilling other requests. What is Samaia’s MOST likely job at the hotel?
bell staff
guest service representative
line cook
concierge
What term is used to describe money raised by selling pieces of ownership in the company?
debt
credit
revenue
equity
What are concrete plans businesses take to flesh out their business strategies so they can meet their goals?
action plans
P&L
revenue
business plan
What label defines an estimate of income and expenditure?
budget
income
revenue
P&L
