Exam 3: Creating an E-Business Plan

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A(n)_______________is a formal document that is always a "work-in-progress" to be updated and maintained over the entire life of a business.

(Short Answer)
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The products section of a business plan should:

(Multiple Choice)
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A(n)_______________or risk assessment identifies both threats and opportunities a business might face from outside influences.

(Short Answer)
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A planned cash flow statement indicates the value of a business's assets, liabilities, and ownership equity at a specific point in time.

(True/False)
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An overview of significant vehicle, computer, office equipment, or manufacturing equipment purchasing or leasing costs should be included in the_______________section of a business plan.

(Short Answer)
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Pro forma (or projected) financial statements included in a business plan are based on current assumptions of future estimates of income, expense, and cash flow.

(True/False)
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The financial plan section of a business plan:

(Multiple Choice)
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Business planning is an ongoing process of:

(Multiple Choice)
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Describe a process you might follow to craft an effective mission statement for a startup e-business.

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An impressive_______________of outsiders with extensive management and business experience can add credibility to an e-business startup.

(Short Answer)
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The financial plan section of a business plan typically includes:

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List and describe at least ten elements found in a typical business plan.

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A formal business planning document generally used to seek funding for startup operations is called a(n):

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The section of a business plan that explains how a business's products and services are a good fit with the characteristics of its target market is the:

(Multiple Choice)
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The_______________section of a business plan should include industry information, such as industry size, marketplace and technology trends, personnel issues, changes in government regulations, and other relevant information about the industry.

(Short Answer)
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Which of the following statements is true of a business plan?

(Multiple Choice)
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The products or services section of a business plan should identify a business's targeted customers and major competitors.

(True/False)
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