Exam 5: Business Plans

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It is not necessary to mention whether employees of your potential business with be union or non-union.

(True/False)
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Why is the executive summary thought to be the most important part of a business plan?

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Under which section of the business plan are environmental issues most likely to be described?

(Multiple Choice)
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Patents and trademark information should be described in the Production/Operations Plan.

(True/False)
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All of the following websites offer outlines,instructions,and templates for developing a business plan,except:

(Multiple Choice)
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Financial institutions are likely to read the executive summary of your business plan,and then skip directly to the section pertaining to:

(Multiple Choice)
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Compare a Summary Business Plan to an Operational Business Plan.

(Essay)
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Outline the key components of the vision statement.

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Provide examples of the kind of material that might be contained within the appendix of your business plan.

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Which part of the business plan will describe the profile of your principal target customers?

(Multiple Choice)
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In what ways can an effective business plan serve you externally,or outside of the immediate internal planning function.

(Essay)
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Which part of the business plan will include information about the goals and objectives of the business?

(Multiple Choice)
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Rather than using page count as a way to measure the length of a business plan,expert Tim Berry recommends that you measure a plan based on:

(Multiple Choice)
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The typical business plan is roughly 20 pages in length.

(True/False)
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The length and detail of your business plan will depend on all of the following,except:

(Multiple Choice)
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Which part of the business plan will contain information about the name,address,and contact numbers as well as key company contacts?

(Multiple Choice)
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The _______ lays out the "super goal" that you would like your business to achieve.

(Multiple Choice)
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Outline the key components of the mission statement.

(Essay)
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All of the following should be included in the marketing plan section of the business plan,except:

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