Preparing business plan, Which of the is not a mistake to

Preparing business plan

Assignment Help Business Management

Reference no: EM133944114

Questions

1. Which of the is not a mistake to avoid when preparing a business plan?

a) failing to provide solid data

b) Failing to hide weaknesses

c) Failing to describe the product in lay terms

d) failing to analyze the market properly

2. _________________ and ________________________ are the external transforming business and society today.

a) E-commerce and strategy

b) E- commerce and globalization

c) Strategy and globalization

d) Corporate culture and stakeholders

3) Which of the following statement is correct?

a) Planning should preclude execution

b) Planning should precede execution

c) Planning should elude execution

d) All of the above statements are correct

e) None of the above statements are correct

4. Unrealistic goals are often dubbed the following, barring one:

a) Overambitious

b) Unreasonable

c) Logical

d) Vague

e) All of the above.

5. What is a theme that has become a more important strategic issue due to global warming, bioterrorism, and increased pollution?

a) internal environment

b) Measuring performance

c) external environment

d) internal stakeholders

6. Which of the statements are incorrect?

a) All business plan are equally elaborate

b) All business plans are adaptable

c) All business plans are non-adaptable

d) All business plan are not equally elaborate

e) A & C are incorrect

f) B & D are incorrect

7. The one factor that has most significantly impacted the nature and core of buying and selling in nearly all industries has been

a) the internet

b) political borders

c) Corporate greed

d) customer and employee focus.

8. Costs of business planning include

a) time costs

b) information costs

c) Refinement costs

d) All of the above

e) None of the above

9. Identify the incorrect statement:

a) African entrepreneurial culture has been linked to collective interdependence

b) African entrepreneurial culture has been linked to ubuntu

c) African entrepreneurial culture has been linked to capitalism and socialism

d) All of the above statements are correct

10. Which of the following are most responsible for the success and failure of an organization?

a) Strategists

b) Financial planners

c) Personnel directors

d) Stakeholders

Reference no: EM133944114

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