Exam 3: Creating an E-Business Plan

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Web site schematics and Web page descriptions, pictures of products or details about services, and other supporting information can be included in the market analysis section of a business plan.

(True/False)
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A statement of a business's hopes, desires, and aspirations written to inspire its employees is generally called a_______________.

(Short Answer)
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The financial plan statement that projects what a business will own, what it will owe, and the equity its owners will have at a specific point of time in the future is the:

(Multiple Choice)
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Because it is important to have a professional-looking business plan, you must bind each copy with a custom cover.

(True/False)
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A business plan reader can quickly find key information by referencing the plan's_______________.

(Short Answer)
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A business plan usually begins with a:

(Multiple Choice)
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The executive summary section is considered by many to be the most important section of a business plan because potential investors typically use it to quickly weed out those plans in which they have no interest.

(True/False)
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Which of the following factors are typically discussed in the issues statement section of a business plan?

(Multiple Choice)
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Which three items must be included in the financial plan section of a business plan?

(Multiple Choice)
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Outside advisors can be very important to a startup e-business because they add experience and business background that might be lacking in the management team.

(True/False)
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A startup e-business's success may depend in large part on developing strong relationships with its_______________business partners.

(Short Answer)
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A business plan is used to evaluate the feasibility of a new e-business.

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The section of a business plan that provides brief and pertinent information about the original business idea, business history (if any), and the legal form the business takes is the:

(Multiple Choice)
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Creating and developing a business plan forces an entrepreneur to take a sharp look at his or her e-business idea.

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A formal business plan follows a rigid set of rules for its content and formatting.

(True/False)
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The_______________of a business plan typically repeats the information from the cover sheet and adds the names and contact information for key management team members plus a disclaimer to make no copies of the document.

(Short Answer)
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A business plan's table of contents lists:

(Multiple Choice)
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_______________work, such as legal, accounting, or Web site design and hosting, to professionals outside a business allows the business to focus on core activities.

(Short Answer)
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An overview of major marketing objectives and strategies should be included in the marketplace analysis section of a business plan.

(True/False)
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Which of the following techniques helps to create an effective executive summary?

(Multiple Choice)
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