Parts of a Business Plan
Quiz
•
Business
•
9th Grade
•
Easy
Cynthia Perez
Used 1+ times
FREE Resource
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a business plan?
A document outlining personal goals
A written statement of goals and objectives for a business with a strategy to achieve them
A list of products and services
A marketing strategy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a mission statement describe?
The financial status of a business
The competitive advantage of a business
The purpose of the business
The marketing strategy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is included in the company description section of a business plan?
Financial projections
Business activity, market, competitive advantage
Marketing strategies
Product pricing
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a pro forma balance sheet report?
Marketing strategies
Business goals
Assets, liabilities, and net worth of the business
Product life cycle
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of a pro forma income statement?
To outline the business structure
To project revenues and expenses to show profitability
To describe the market overview
To list the products and services
6.
MATCH QUESTION
1 min • 1 pt
Match the business plan component to its description
organizational structure/management bios
Provides an overview of the business structure, chain of command, licenses, permits
financial plan
Determines the size of a market with the marketing analysis and describes potential customers to provide a customized plan to reach them.
executive summary
Includes a budget, a 12 month income statement projection, cash flow statements, a balance sheet, and capital requirements to show investors how their money will be spent.
marketing and sales
Summarizes what one wants to accomplish with a business, the products and services one sells, financial outlook, the funding needed, one's goals, and one's achievements.
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