Master the Essentials

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is NOT a definition of planning?

  • Document that outlines how goals are going to be met
  • Setting goals and deciding how to achieve them
  • Coping with uncertainty by formulating future courses of action
  • Outlining the need the firm will fill and expected revenues and expenses (correct)

What is a business plan?

  • A document that outlines a proposed firm's goals, strategy, and standards for measuring success (correct)
  • A document that outlines how goals are going to be met
  • A document that outlines the operations and components of the business
  • A document that outlines the need the firm will fill and expected revenues and expenses

What is a business model?

  • A document that outlines the need the firm will fill and expected revenues and expenses (correct)
  • A document that outlines how goals are going to be met
  • A document that outlines the operations and components of the business
  • A document that outlines a proposed firm's goals, strategy, and standards for measuring success

What is the main purpose of planning?

<p>Setting goals and deciding how to achieve them (A)</p> Signup and view all the answers

Which of the following is NOT a characteristic of a plan?

<p>Defines the operations and components of the business (C)</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Strategic HR Management Quiz
5 questions
Planning Definition and Types
8 questions

Planning Definition and Types

RespectableCognition6951 avatar
RespectableCognition6951
Définition du plan d'affaires
40 questions

Définition du plan d'affaires

UncomplicatedBerkelium9462 avatar
UncomplicatedBerkelium9462
Business Strategy Concepts and Definitions
32 questions
Use Quizgecko on...
Browser
Browser