FINALIZE EVALUATED BUSINESS PLAN - POST TEST

This part of the business plan presents a clear statement of values to culture, integrity and activities of the business.

• Marketing Plan

• Production Plan

• Operational Plan

• Statement of Vision, Mission and Values

Which part of the business plan presents the data on how the products/service will be further developed.

• Financial Plan

• Marketing Plan

• Production Plan

• Operation and Technical Plan

Which part of the business plan describes how the business has solved the problems?

• Statement of Vision

• Marketing Plan

• Problem need

• Production Technical Plan

Detailed description of products or services is in what part of the business plan?

• Marketing Plan

• Production and Technical Plan

• Operation Plan

• Organization and Management Plan

The description of the target market is found in the _________ part of the business plan.

• Marketing Plan

• Marketing Strategies

• Operating Strategies

• Production Plan

A brief account of the key points contained in a business plan

• Executive Summary
• Company Description
• Mission Statement
• Vision Statement

If you possess excellent organizational skills, but are risk-averse and don't like taking initiative, would being an entrepreneur be a good profession for you?

• Yes, entrepreneurs should be risk-averse.
• No, entrepreneurs should rely on others to organize the business.
• No, entrepreneurs must be risk-takers who take initiative and have excellent organizational skills.
• Yes, all you need is good organizational skills.

What term that is seen as a dream/outlook of a business?

• Vision

• Mission

• Values

• Dream

What document that contains a written summary of the proposed venture, its operational and financial details of its managerial skills and abilities?

• Concept Paper

• Business Plan

• Project Proposal

• Feasibility Study

Who will run the company as well as management’s philosophy

• Organizational Plan
• Operational Plan
• Executive Summary
• Company Description