Aspects of a Business Plan

What type of management trusts employees’ work ability, has a high workload, and is confident?

• Participating

• Delegating

• Telling

• Autocratic

Which type of management involves the group and facilitates teamwork?

• Delegating

• Participating

• Telling

• Autocratic

Telling is a type of management that is a ________, a teacher, and a facilitator.

• Micromanager

• Leader

• Innovator

• Communicator

Autocratic leadership is driven by authority and ________.

• Encourages teamwork

• Limits discussions

• Promotes innovation

• Facilitates communication

Encoding is when a sender ________.

• Receives a message

• Selects and organizes a message to be sent

• Breaks down a message

• Provides feedback

What is included in the Supporting Documents section of a business plan?

• A) Business communication documents, marketing documents, and legal and miscellaneous documents

• B) Financial projections and market analysis

• C) Business philosophy and self-analysis

• D) Proposed marketing plan.

The Executive Summary should convince the audience to read the rest of the plan. True or False?

• True

• False

Which section of a business plan is the second section?

• Executive Summary

• Business Description and Analysis

• Organization and Marketing Plan

• Financial Plan

Which section of a business plan includes analysis of potential location?

• Executive Summary

• Business Description and Analysis

• Organization and Marketing Plan

• Supporting Documents

The Supporting Documents section is the ________ section of a business plan.

• first

• third

• fourth

• fifth