QUIZ IN BUSINESS PLAN

1. Which part of the business plan shows the estimated revenues and expenses of the venture?
2. Which part of the business plan explains the process of attraction of customers to
your business and how you determined the appropriate customers?
3. Which part of the business plan contains the mission and vision of the business?
4. Which part of the plan outlines the structure of the company, identifies the
owner's of the company and their percentage, and lists board members?
5. What part of the plan deals with details about promotion, pricing, and
distribution, as well as on how the business will reach customers within their
target market?
6. Which part of the business plan should include the income statements of the
company and balance sheets (cash flow)
7. The part of the business plan that includes supporting documents that provide
additional information and backs up statements made in the body of the report.
8. a written document that describes all the steps necessary for opening and
operating a successful business
9. SWOT analysis stands for
10. What you are selling is called?
11. The actual cost of the product or service you are selling?- price
12. The business activity involved in advertising, selling and delivery of products and
services to the consumer.
13. What part of the business plan is prepared the last?
14. What part of the business plan that tells the detailed description on the forecasted sales,
income and expenses for the period, and the assets, liabilities and equity of the business?
15. Which of the following forms of business organization is said to be the most common and
easiest to form?
16. Which of the following business organizations is exempted to pay taxes?
17. Which of the business org. is subject to double taxation?
18. Which business org has limited life and unlimited liability
19. Which business org needs 5-15 members to form before it is approved?
20. How do we call the owners of a corporation?