WorksheetsStarting a Small Business Quiz - Entrepreneurship
Total questions: 10
Worksheet time: 5mins
What is a business plan?
A clear broad statement describing the purpose of the organization
A written map for beginning and growing a business, including a mission, business goals, and objectives
A description of the current condition of the industry
A questionnaire asking various questions about people’s interest in a product
What does a mission statement describe?
The specific, time-sensitive accomplishments of a business
The purpose of the organization
The current condition of the industry
The target market for a business
What are goals in the context of a business plan?
Specific, time-sensitive accomplishments
General statements of what needs to be achieved to accomplish the mission
Descriptions of the current industry condition
Clear managerial structure for each function of the business
What is the purpose of market analysis?
To describe the purpose of the organization
To forecast where the industry is moving in the next three to five years
To solicit individuals to consume a product
To allow functions to work together without subordination
What does a target market describe?
The purpose of the organization
Who a business is providing services for
The current condition of the industry
The organizational structure of the business
What is the role of focus groups in a business?
To provide a clear managerial structure
To solicit individuals to consume a product and provide proactive feedback
To describe the purpose of the organization
To forecast industry trends
What is the purpose of a survey in a business context?
To describe the purpose of the organization
To ask various questions about people’s interest in a product
To provide a clear managerial structure
To forecast where the industry is moving
What does an organizational structure provide?
A description of the target market
A clear managerial structure for each function of the business
A forecast of industry trends
A broad statement of the organization's purpose
What is a hierarchical structure in a business?
An organizational structure where functions are subordinate to each other
A structure that allows functions to work together without subordination
A description of the target market
A clear broad statement describing the purpose of the organization
What is a learning-based structure in a business?
A structure where functions are subordinate to each other
A structure that allows functions to work together without subordination
A description of the current industry condition
A written map for beginning and growing a business
