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Question 11.What's the biggest mistake you can make when preparing a business plan?
Question 22.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 33.Which of the following information is never included in the financial management section of a business plan?
Question 44.Which section of a business plan is generally first but written last?
Question 55.What's a typical timeframe that a business plan addresses?
Question 66.What is a business model?
Question 77.Which of the following would NOT be an example of a franchise business model?
Question 88.Which of the following is NOT a type of business model?
Question 99.How does operations affect the business model?
Question 1010.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 1111.In a SWOT analysis, which of the following would be an example of an opportunity for a mobile phone company?
Question 1212.What is a threat considered in SWOT Analysis?
Question 1313.In a SWOT analysis, what should a company focus turning their weaknesses into?
Question 1414.In a SWOT analysis, which of the following best describes the strengths of an organization?
Question 1515.In SWOT analysis, what does SWOT stand for?
Question 1616.What is marketing myopia?
Question 1717.What should a very large company with many different business units do for their mission statement?
Question 1818.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 1919.What question does a business mission statement answer?
Question 2020.How does a business mission statement relate to marketing?
Question 2121.Which statement is TRUE for business plans?
Question 2222.Which statement is FALSE about sales and cost projections in a business plan?
Question 2323.Choose the BEST answer as it relates to strengths and weaknesses as discussed in a business plan.
Question 2424.Choose the BEST answer as it relates to the marketing section of the business plan.
Question 2525.Choose which section of the business plan prospective employees will NOT be interested in reviewing.
Developing Small Business Plans Chapter Exam Instructions
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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!