Business Plan Assessment: Quiz!

Approved & Edited by ProProfs Editorial Team
The editorial team at ProProfs Quizzes consists of a select group of subject experts, trivia writers, and quiz masters who have authored over 10,000 quizzes taken by more than 100 million users. This team includes our in-house seasoned quiz moderators and subject matter experts. Our editorial experts, spread across the world, are rigorously trained using our comprehensive guidelines to ensure that you receive the highest quality quizzes.
Learn about Our Editorial Process
| By Mtarrant
M
Mtarrant
Community Contributor
Quizzes Created: 1 | Total Attempts: 877
Questions: 8 | Attempts: 878

Business Plan Assessment: Quiz! - Quiz


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

Quiz Review Timeline +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 22, 2022
    Quiz Edited by
    ProProfs Editorial Team
  • Jul 21, 2010
    Quiz Created by
    Mtarrant
Back to Top Back to top
Advertisement
×

Wait!
Here's an interesting quiz for you.

We have other quizzes matching your interest.