Answer these 100+ Business Planning MCQs and assess your grip on the subject of Business Planning.
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A. Income Statement
B. Balance Sheet
C. All of the above
D. Cash Flow Statement
A. Exhibits
B. Name of founders
C. Dates
D. Current investors
A. Break-even analysis
B. Product management
C. Product design
D. Marketing
A. Promotions
B. Marketing trends
C. Market demographics
D. Marketing mix
A. 8-10 years
B. 6 months
C. 12 months
D. 3-5 years
A. Marketing plan
B. Financials
C. Management profile
D. Executive summary
A. Ownership stake in a public company
B. Opportunities to share in greater market profits
C. The portion of a market controlled by a particular company or product.
A. True
B. False
A. Barriers to entry
B. All of these
C. Component costs
D. Prime customer motivators
A. All of the above
B. Debt retirement
C. Working capital
D. Acquisitions
A. All of these
B. Management résumés
C. Forms of ownership
D. Percentage of ownership
A. Negative
B. Positive
C. Unchanged
A. Employees
B. Customers
C. Competitors
D. Investors
A. True
B. False
A. True
B. False
A. True
B. False
A. False
B. True
A. All of these
B. Résumés
C. Letters of reference
D. Building permits
A. True
B. False
A. False
B. True
A. False
B. True
A. True
B. False
A. All of these
B. Promotion
C. Pricing
D. Distribution
A. False
B. True
A. True
B. False
A. True
B. False
A. Summary Provided To Bank Executives
B. A snapshot of your business plan as a whole and touches on your company profile and goals.
C. Plan of Executive Orders
A. Measurable
B. Specific
C. Lofty
D. Both specific and measurable
A. (none of these)
B. Strengths, Weakness, Origination, Targets
C. Strengths, Weaknesses, Opportunities, Threats
D. Simple While On Target
A. Time period funding is for
B. Timing of funds
C. Type of funding (Equity vs Debt)
D. All of these
A. Cash flow statements
B. Income statements
C. Balance sheets
D. All of these
A. Target
B. Trends
C. Threat
D. Technology
A. Calculating the Costs of Production/Service per unit and adding a per unit profit margin
B. Comparing to market norms and adding/subtracting premium based on perceived quality
C. Estimating price consumers wish to pay
A. False
B. True
A. Employees
B. Sales Leads
C. Cash-flow
D. Inventory On Hand
A. Describe the nature of your business and list the marketplace needs that you are trying to satisfy.
B. List the specific consumers, organizations or businesses that your company serves or will serve.
C. (all of these)
D. Explain how your products and services meet these needs.
A. True
B. False
A. True
B. False
A. Breaking up the writing
B. Showing your graphing skills
C. Visual information that is easier to interpret than words
D. All of these
A. Technology
B. Supplies
C. Direct sales
D. Packaging
A. Potential Barriers to the Market
B. SWOT Analysis
C. Financial Statements
A. Luxury illusion
B. Top shelf pricing
C. Market saturation
D. Price skimming
A. PEST Analysis
B. VRIO Framework
C. None of these
D. SWOT Analysis
A. $6 million
B. $375,000
C. $4.5 million
D. $1.5 million
A. Expected Employee Retention
B. All of the above
C. Competitors Product Cycle
D. Strategic Financial Situations
A. Organizational structure
B. Financial potential
C. Competitive potential
D. Size of the target market
A. Competitive analysis
B. Industry outlook
C. Target market
D. Size of primary target market
A. Market Analysis
B. Appendix
C. Company Description
D. Executive Summary
A. Half a page
B. 2 paragraphs
C. 1 page
D. 3 pages
A. The same as by marketing strategy
B. How a company plans to raise capital
C. How a company plans to price their product
D. A promise of value to be delivered and a belief from the customer that value will be experienced.