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Business Plans and Effective Business Planning (QUIZ)

This easy quiz is one in a series that examine the key areas of work, business concepts, knowledge, working practices and skills which are needed to write an effective Business Plan; and carry out business planning.

Do enjoy the quiz; and leave your score, comments and up-vote in the section below. Good luck.

After playing this quiz: – Click here to access my other blogs/quizzes in other related subjects – and – “Enjoy 55 of My Excellent Exciting Quizzes Designed to Educate, Entertain and Motivate You” – Click link here. Thanks.

  • Question of

    A good business plan helps greatly in reducing the odds of a new business start-up from failing.

    • Yes
    • No
  • Question of

    Only a new business start-up, or a failing business venture, need a business plan.

    • Yes
    • No
  • Question of

    The format of a business plan depends on how the business plan has been presented (and its presentation context).

    • Yes
    • No
  • Question of

    The typical business plan must include: a mission statement and a business description.

    • Yes
    • No
  • Question of

    A typical business plan does not need to include a SWOT analysis.

    • Yes
    • No
  • Question of

    An effective business plan must include; a management summary.

    • Yes
    • No
  • Question of

    A typical business plan must include; all staff job descriptions.

    • Yes
    • No
  • Question of

    An effective business plan does not need to include, a marketing plan.

    • Yes
    • No
  • Question of

    The typical business plan must include, an executive summary.

    • Yes
    • No
  • Question of

    A typical business plan does not need to include; an operations plan.

    • Yes
    • No
  • Question of

    A typical business plan must include; a human resources (staffing) plan.

    • Yes
    • No
  • Question of

    An effective business plan does not need to include a competitors’ analysis.

    • Yes
    • No

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What do you think?

21 Points

Written by Daniel Obiago

7 Comments

  1. Interesting, not sure I agree with the business plan you are building. I suspect you have a number of elements I would never include. Thanks for putting this together.