Business Planning Workshop Quiz

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Questions and Answers

What is the purpose of a business plan according to the text?

  • To discuss when and why an entrepreneur might not follow their business plans
  • To discuss the importance of business planning at all stages of developing and running a business (correct)
  • To identify the steps of a simple business planning process
  • To create a simple business plan following a business plan template

What are some components that go into a business plan according to the text?

  • Building a Basic Business Plan
  • Mission Statement
  • Goals and Objectives (correct)
  • Vision Statement

What topic is discussed in the section titled 'What Goes into a Business Plan'?

  • Operations
  • Target Market
  • Marketing (correct)
  • Finance

What does the section 'Why Do We Need a Business Plan' cover?

<p>Information needed to run businesses as entrepreneurs (C)</p> Signup and view all the answers

What is discussed in the section 'What is Planning'?

<p>What is a Business Plan. (D)</p> Signup and view all the answers

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