Small Business and Business Planning Quiz

A business that dominates its market

An independent business with fewer than 1000 employees

An independent business with fewer than 500 employees, not dominant in its market (correct)

A business with fewer than 100 employees

To provide detailed financial forecasts

To outline the company’s mission and vision

To briefly answer the who, what, where, when, why, and how questions for the business (correct)

To describe the firm’s target market and marketing plan

An orderly statement of a company’s goals, methods, and standards (correct)

A detailed history of the company

A list of the company’s competitors

A summary of the company’s achievements

<p>A general statement of the concept, purpose, and objectives of the proposed business</p> Signup and view all the answers

<p>Especially in plans written to obtain financing</p> Signup and view all the answers