Business Plan Assessment: Quiz!
(202).jpg "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.
You May Get
Your business plan should suit your purposes well. It addresses core issues of interest to third parties.
Your business plan will suit many, but not all potential uses.
Start this quiz to find your result.
- 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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