What Is the Planning Process? - Steps & Concept

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is the planning process?

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1. What are advantages of a formal planning process?

2. Which is an example of a plan that might be created through a planning process?

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About This Quiz & Worksheet

Use this quiz/worksheet combo to help you test your understanding of the planning process. Some of the topics you'll be assessed on include a description of the planning process as well as the advantages of this business strategy.

Quiz & Worksheet Goals

In these assessments you'll be tested on:

  • Planning process described
  • Advantages of a formal planning process
  • Example(s) of a plan created through a planning process
  • First and final steps in the planning process

Skills Practiced

This quiz and worksheet allow students to test the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on the planning process
  • Interpreting information - verify that you can read information regarding the advantages of a formal planning process and interpret it correctly
  • Information recall - access the knowledge you've gained regarding planning process examples
  • Knowledge application - use your knowledge to answer questions about the first and last steps of the planning process

Additional Learning

To learn more about business strategies, review the accompanying lesson on What is the Planning Process? - Steps & Concepts. This lesson covers the following objectives:

  • Define the planning process
  • Tell four types of plans that might be developed through a planning process
  • Detail seven general steps in the planning process
  • Relate an example of a tactical budget plan from the lesson
  • Understand the steps necessary to create an effective business plan
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