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Web Quizzes
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1
The venture's form of ownership should be included and described in the production plan section of the business plan.
A)True
B)False
2
Investors consider the section on description of the venture as important because they can determine the amount of investment needed without having to read through the entire plan.
A)True
B)False
3
Most entrepreneurs have difficulty with gathering operations information and do not often know where to begin.
A)True
B)False
4
Potential investors are not very insistent on specifications that need to be included in the business plan.
A)True
B)False
5
The business plan is an integration of functional plans such as marketing, finance, manufacturing, and human resources.
A)True
B)False
6
Typically business plan projections are made on a ____________.
A)bi-monthly schedule
B)quarterly schedule
C)six-month schedule
D)12-month schedule
7
The names, addresses, and resumes of the directors and officers of the corporation forms part of the _______________ plan.
A)operations
B)organizational
C)production
D)marketing
8
A production plan usually includes:
A)pricing.
B)evaluation of the weaknesses of the business.
C)names of suppliers of raw materials.
D)flow of orders for goods and/or services.
9
Raw materials, labor skills, space and location form a part of __________ information needs.
A)marketing
B)financial
C)operations
D)planning
10
Which of the following is not among the three perspectives that should be considered in preparing a business plan?
A)marketing perspective
B)perspective of the entrepreneur
C)investor perspective
D)technical perspective





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