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Aspects of a Business Plan - Assessments questions with complete solutions
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Aspects of a Business Plan - Assessments questions with complete solutions
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Aspects of a Business Plan -Assessments
Which of the following is the roadmap of where the business is going? - correct answer ✔✔Business Plan
Which of the following includes a list of the sources of capital and the projected income and expenses of
the business? - correct answer ✔✔Financial Plan
Which of the following should serve as a detailed outline of the company and convince the audience to
read the rest of the business plan? - correct answer ✔✔Executive Summary
Which of the following describes strategies for branding, packaging, advertising and promoting the
business and its products? - correct answer ✔✔Marketing Plan
Which of the following describes the business type, the products offered and the philosophy of the
business? - correct answer ✔✔Business Description
Which management style is characterized by the manager trusting the employees work ability and is
best used with employees know how to do their job? - correct answer ✔✔Delegating
Which of the following is NOT a management style? - correct answer ✔✔Reinforcing
Which leadership style is characterized by limited discussion of new ideas and is best used in groups who
are not well acquainted with each other? - correct answer ✔✔Autocratic
Which of the following is NOT a leadership style? - correct answer ✔✔Needs-Based
All of the following are traits of a good leaders EXCEPT which of the following? - correct answer
✔✔Selfish
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