The Importance of a Business Plan (Grade 10 NSC Matric Business Studies): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What does a business plan function as for a new business?
What does a business plan function as for a new business?
A roadmap showing goals & how to get there
Complete the saying: 'Failing to PLAN is planning to ____!'
Complete the saying: 'Failing to PLAN is planning to ____!'
FAIL
What does the 'T' in PESTLE analysis stand for?
What does the 'T' in PESTLE analysis stand for?
Technological factors
When should the executive summary be written?
When should the executive summary be written?
After completing the rest of the plan
What does the 'O' in SWOT analysis represent?
What does the 'O' in SWOT analysis represent?
Opportunities
Which component is often considered the most important in a business plan?
Which component is often considered the most important in a business plan?
Marketing plan
What does the financial plan include projections for?
What does the financial plan include projections for?
Profit, loss, and cash flow
What should the cover page include?
What should the cover page include?
Business name, contact details & address
What does the management plan include to show employee roles?
What does the management plan include to show employee roles?
Hierarchy (organogram)
Why does a business plan help attract investors?
Why does a business plan help attract investors?
Shows careful thought about the idea