Unit 1.4

Unit 1.4

9th Grade

40 Qs

quiz-placeholder

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Unit 1.4

Unit 1.4

Assessment

Quiz

Business

9th Grade

Practice Problem

Hard

Created by

Jon Williams

Used 1+ times

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40 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

A business plan can help a business to? (2 answers)

Increase sales

Minimise risk

Obtain finance

Boost profitability

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the section of the business plan where key features and USPs of the products and/or services are identified. (1 answer)

Location

Cash flow forecast

The business idea

Business aims and objectives

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Provides entrepreneurs with a clear focus and a way of measuring progress over time. (1 answer)

The business idea

Business aims and objectives

Marketing mix

Cost and profit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Provides entrepreneurs with the opportunity to anticipate the amount of money it will generate. (1 answer)

Sources of finance

Target market (market research)

Forecast revenue

Location

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In this section of the business plan, the entrepreneur would identify where the business will operate from. (1 answer)

Business aims and objectives

Location

Target market (market research)

The business idea

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where the entrepreneur predicts the amount of money that will come into and go out of the business. (1 answer)

Forecast revenue

Costs and profit

Sources of finance

Cash flow forecast

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The entrepreneur identifies how much money the business requires and where this money will come from. (1 answer)

Marketing mix

Sources of finance

Forecast revenue

Cash flow forecast

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