Business Plan Assessment: Quiz!

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| By Mtarrant

Mtarrant

Community Contributor

Quizzes Created: 1 | Total Attempts: 870

Questions: 8 | Attempts: 870 | Updated: Mar 22, 2022

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Do you think you know what business plan assessment is? For this quiz, you will need to know why a business plan is directed solely at a specialized target market, a value proposition, what entails a successful and active business model, and the essential part of your business plan. This quiz was designed to teach you to assess your success; best of luck.

Questions and Answers

1.

My business plan was written for a clearly identified and understood target market.
- A.
  
  Absolutely
- B.
  
  Largely
- C.
  
  Partially
- D.
  
  Not well addressed
2.

My pricing and channel to market assumptions have been validated by channel partners and/or customers.
- A.
  
  Absolutely
- B.
  
  Largely
- C.
  
  Partially
- D.
  
  Not well addressed
3.

My business plan clearly identifies the value proposition from a customer or channel perspective.
- A.
  
  Absolutely
- B.
  
  Largely
- C.
  
  Partially
- D.
  
  Not well addressed
4.

My business model is well understood and clearly identified using a 1-page diagram.
- A.
  
  Absolutely
- B.
  
  Largely
- C.
  
  Partially
- D.
  
  Not well addressed
5.

My business plan clearly articulates a proposition and desired action by the target audience.
- A.
  
  Absolutely
- B.
  
  Largely
- C.
  
  Partially
- D.
  
  Not well addressed
6.

My financial model clearly identifies the core business drivers and enables users to test different assumptions. It covers a forecast period of 5 years and includes an integrated income statement, cash flow statement, and balance sheet. The break-even point is highlighted.
- A.
  
  Absolutely
- B.
  
  Largely
- C.
  
  Partially
- D.
  
  Not well addressed
7.

The most important part of your business plan?
- A.
  
  Executive Summary
- B.
  
  Table of Contents
- C.
  
  Background
- D.
  
  Financial Plan
8.

A plan which explains the process of attraction of customers to your business.
- A.
  
  Market Research/anaylsis
- B.
  
  Financial Plan
- C.
  
  Background and History
- D.
  
  All of the above

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Current Version
Mar 22, 2022

Quiz Edited by
ProProfs Editorial Team
Jul 21, 2010

Quiz Created by
Mtarrant

Business Plan Assessment: Quiz!

My business plan was written for a clearly identified and understood target market.

My pricing and channel to market assumptions have been validated by channel partners and/or customers.

My business plan clearly identifies the value proposition from a customer or channel perspective.

My business model is well understood and clearly identified using a 1-page diagram.

My business plan clearly articulates a proposition and desired action by the target audience.

My financial model clearly identifies the core business drivers and enables users to test different assumptions. It covers a forecast period of 5 years and includes an integrated income statement, cash flow statement, and balance sheet. The break-even point is highlighted.

The most important part of your business plan?

A plan which explains the process of attraction of customers to your business.