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FISH 160 Business Plan Components Quiz

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Questions and Answers

Which component is worth 60 points in the rubrics for marking?

Clarity and Organization
Logical flow between sections
Presentation skills
Content (correct)

How many groups are mentioned in the text?

3
4
5 (correct)
6

What is the name of the leader of Group 4?

Ella Mae Banon
Arnel Rebato (correct)
John Brian Magante
Jhon Vival Saligan

What activity requires developing a timeline with activities and deadlines?

Submission guidelines (A) Signup and view all the answers

Who is part of Group 3?

John Carlos Velasco (A) Signup and view all the answers

What is the focus of the metrics to be established for monitoring the fisheries business performance?

Evaluation of strategies' effectiveness (B) Signup and view all the answers

What is the primary purpose of the executive summary in a fisheries business plan?

To offer a concise overview of the business plan, covering goals, market focus, and financial projections (C) Signup and view all the answers

What aspect is covered in the business description section of a fisheries business plan?

Clearly defining the mission, vision, and unique value proposition of the business (A) Signup and view all the answers

What does the market analysis section of a fisheries business plan involve?

Researching the target market, industry trends, and potential competitors in the fisheries sector (B) Signup and view all the answers

What is the focus of the financial plan in a fisheries business proposal?

Detailing startup costs, revenue projections, profit and loss statements, and break-even analysis (A) Signup and view all the answers

What is addressed in the operational plan of a fisheries business proposal?

Outlining the day-to-day operations, location, equipment and supply chain management for the fisheries business (D) Signup and view all the answers

What is the purpose of risk analysis in a fisheries business proposal?

Identifying potential risks in the fisheries industry and proposing strategies to mitigate them (D) Signup and view all the answers