Business Structure/Business Plan Assessment
Authored by Carmelita Milton
Business
12th Grade
Used 32+ times
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50 questions
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1.
CATEGORIZE QUESTION
3 mins • 2 pts
Organize these options into the right categories for the pros and cons of a business plan.
Groups:
(a) Pros
,
(b) Cons
No guarantees
Restricts Freedom
Demographics and Marketing
Poor implementation
Funding for line of credit
Multiple viewpoints
Inaccurate
Let others know you are serious
False sense of certanity
Too much time on analysis
Glimpse of the future
Lack of accountability
Know how to allocate resources
2.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
If you owned your own business, what business structure would you choose?
Sole Proprietorship
Corporation
Partnership
3.
FILL IN THE BLANKS QUESTION
1 min • 2 pts
A (a) is a business organization with two or more owners who share the risks and rewards.
4.
FILL IN THE BLANKS QUESTION
1 min • 2 pts
A business owned by one person is called a (a) .
5.
FILL IN THE BLANKS QUESTION
1 min • 2 pts
A (a) is a business owned by many people but treated by law as one person.
6.
FILL IN THE BLANKS QUESTION
1 min • 2 pts
The (a) is a one -to -three- page overview of the business plan.
7.
FILL IN THE BLANKS QUESTION
1 min • 2 pts
The (a) explain the type of company you plan to start.
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