Planning (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 does planning provide to a business?
What does planning provide to a business?
Direction and purpose
What does the 'M' in SMART objectives stand for?
What does the 'M' in SMART objectives stand for?
Measurable
What does SWOT analysis aim to maximise?
What does SWOT analysis aim to maximise?
Strengths and opportunities
Which SWOT factors are internal to the business?
Which SWOT factors are internal to the business?
Strengths and weaknesses
What is the first stage of the planning process?
What is the first stage of the planning process?
Assess the situation
How long does strategic planning typically cover?
How long does strategic planning typically cover?
One to five years
What does a mission statement outline?
What does a mission statement outline?
Purpose, vision & core values
What is the purpose of contingency planning?
What is the purpose of contingency planning?
Creating backup plans for emergencies
What timeframe does operational planning cover?
What timeframe does operational planning cover?
Up to one year
How does planning help with finance support?
How does planning help with finance support?
Shows ability to repay loans