Business Planning (LC 2027) (Leaving Cert Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is planning in business?
What is planning in business?
Deciding goals & working out how to achieve
Why do banks and investors need to see a business plan?
Why do banks and investors need to see a business plan?
To see the venture is thought-through
How does planning help businesses anticipate problems?
How does planning help businesses anticipate problems?
Identifies challenges before they're serious
How long does a strategic plan typically cover?
How long does a strategic plan typically cover?
Three to five years
Who develops operational plans in a business?
Who develops operational plans in a business?
Front-line managers
What is a contingency plan designed for?
What is a contingency plan designed for?
Dealing with unexpected problems
What does operational planning focus on?
What does operational planning focus on?
Day-to-day running of the business
What does a business model explain?
What does a business model explain?
How company creates, delivers, captures value
Which firms must publish Gender Pay Gap reports?
Which firms must publish Gender Pay Gap reports?
Irish firms with over 50 employees
What role does forecasting play in planning?
What role does forecasting play in planning?
Predicting future events and trends