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Question 11.Choose the BEST answer as it relates to strengths and weaknesses as discussed in a business plan.
Question 22.Choose which section of the business plan prospective employees will NOT be interested in reviewing.
Question 33.Which statement is FALSE about sales and cost projections in a business plan?
Question 44.Which statement is TRUE for business plans?
Question 55.Choose the BEST answer as it relates to the marketing section of the business plan.
Question 66.Which of the following would NOT be an example of a franchise business model?
Question 77.Business operations are dynamic and need to be constantly monitored and evaluated for improvements. What is the best way for department managers in a company to tell senior management about needed changes within their departments?
Question 88.Which of the following is NOT a type of business model?
Question 99.What is a business model?
Question 1010.How does operations affect the business model?
Question 1111.What do you call a written document that outlines a business's objectives and the strategy and tactics that it will use to achieve those objectives over anywhere from a three to five year period of time.
Question 1212.What's the biggest mistake you can make when preparing a business plan?
Question 1313.Which section of a business plan is generally first but written last?
Question 1414.Which of the following information is never included in the financial management section of a business plan?
Question 1515.What's a typical timeframe that a business plan addresses?
Question 1616.If a business created a mission statement that said, 'We will make products to make the world a better place,' then what type of mission statement development mistake has occurred?
Question 1717.What question does a business mission statement answer?
Question 1818.What should a very large company with many different business units do for their mission statement?
Question 1919.What is marketing myopia?
Question 2020.How does a business mission statement relate to marketing?
Question 2121.What does SWOT stand for in SWOT Analysis?
Question 2222.Which of the following is an example of an opportunity for The Atlantic Mobile Company?
Question 2323.What should a company focus turning their weaknesses into?
Question 2424.Which of the following best describes the strengths in an organization?
Question 2525.What is a threat considered in SWOT Analysis?
Developing Small Business Plans Chapter Exam Instructions
Choose your answers to the questions and click 'Next' to see the next question. You can skip questions if you would like and come back
to them later with the "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will
appear. Click it to see your results. You will lose your work if you close or refresh this page. Good luck!