1. A business plan is......................?
Strategic planning
A written description of the mission and vission
A written description of the nature of the business.
A goal setting approach
2. Competitive advantage is when a business has special capabilities of a company that other don't have.
True
False
3. Strategic planning is about
short term and identifies specific goals and activities
Planning
long term and provides broad goals and direction for the business.
Organizing
4. Internal Analysis is about the................?
Threat
Opportunity
Opportunities and threats
Strengths and weaknesses
A mission is.....................
the companies reason for existing.
short specific statement of the business purpose.
levels of management
management styles
Operational plans are based on a businesses .............
Strategic planes and are developed after the strategic plan is completed.
Never achieving goals.
How to achieve goals
Autocratic leader
A budget is a written financial plan that
Surplus
is set for a specific period of time to see how a business will spend money
Income
Expenses
Is a schedule a time plan for reaching objectives?
False
True
A Standard is.......................
IS a specific saying or slogan
open leader
democratic
specific measure against something that is judged.
A procedure is a
Goal Setting
sequence of steps to be followed for performing a specific task
guideline in making decisions.
getting the objective achieved
