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PGA PGM 3.0 Level 1 Test Questions and Answers (2024 / 2025) (Verified Answers) $12.49   Add to cart

Exam (elaborations)

PGA PGM 3.0 Level 1 Test Questions and Answers (2024 / 2025) (Verified Answers)

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PGA PGM 3.0 Level 1 Test Questions and Answers (2024 / 2025) (Verified Answers)

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  • August 6, 2024
  • 119
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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PGA PGM 3.0 Level 1 Test


1. The Process for developing a business plan starts before you establish

the goals you would like to achieve for the shops coming year

ANS True

2. Who should provide direction for creating the business plan at a

Golf Operation

ANS Key Stakeholders

3. According to the business planning Model, a business plan should build

on and refine the operation plan

ANS False

4. Long - Range Planning should initially assume an adversarial

relationship between neighboring facilities that directly compete with each

other.

ANS True


,5. What is the usual business destination for long range planning?

ANS 3-5 years Achieve its vision

6. what is the most significant benefit of strategic business Planning.

ANS Provide a long term vision & Destination

7. Helping Establish a starting point for goals, Objectives, and related

strate- gies is an appropriate use of a SWOT analysis.

ANS True

8.You are in the process of completing a business plan for the golf shop.

Initial forecast of sales, expenses, and profit have been made. Past data has

been analyzed and important inside and outside factors have been

identified. What is the next step to be taken towards completing the plan?

ANS Monitor Performance

9. A Golf Professional is purchasing a golf course. The business plan he

presented to his banker included his history of operating successfully op-

erating similar facilities, budget projections for the first five years under his




,management, and objectives and strategies for reaching his goals. The

banker rejected the loan application because of missing information. What

important element is missing from the business plan?

ANS Current state of the business

10.The SWOT analysis would treat opportunities are threats as factors

that usually can be controlled by the facility.

ANS False

11.The Result of a SWOT analysis could be sufficient justification for

the abandonment of a core business function

ANS True

12.Staff evaluation are a relevant data source for a SWOT analysis

ANS True

13.How might revenues be affected at a nearby daily fee course if the local

tire plant has major layoffs

ANS Go Down (decrease)




, 14.Lack of a mission statement is an example of a weakness that a

SWOT analysis might disclose

ANS True

15.Trends in local consumer spending would be most useful for evaluating

a core business function

ANS True

16.What should govern the decision to pursue an opportunity?

ANS Finances - Barriers to entry - recourses - opportunity cost

17. Goals, Objectives & strategies

ANS

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