Business Plan

Business Plan

University

10 Qs

quiz-placeholder

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Business Plan

Business Plan

Assessment

Quiz

Business

University

Easy

Created by

Simi Gendi

Used 32+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Business planning is one of the management tools used to achieve business objectives.

True

False

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The business plan is also known as...

venture plan

entrepreneur plan

business development proposal

all of these

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Business plan is not compulsory for entrepreneurs to apply a loan from financial institution.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who need a business plan?

Creditors

Shareholders

Bankers

All of these

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A business plan is a written document describing a company's core business activities, objectives, and how it plans to achieve its goals.

True

False

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The importance of a business plan as below EXCEPT...

to lost investment

sets the business mission

determine barriers to the venture

increases the stakeholders' confidence

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The person or persons responsible for implementing the plan should be heavily involved in its development.

True

False

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