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- Question 1 of 15
1. Question
Who are the users of a business plan?
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2. Question
What is one of the reasons why entrepreneurs prepare a business plan?
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3. Question
Which component of a business plan includes information about the enterprise’s location and contact details?
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4. Question
Why is a business plan considered a decision-making tool?
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5. Question
What does the operations section of a business plan typically include?
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6. Question
Which financial aspect is covered in a business plan?
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7. Question
Besides entrepreneurs, who else might use a business plan?
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8. Question
Fill in the blanks with the word(s).
- A business plan is a that contains a detailed plan to set up and develop an enterprise.
- of a business plan include entrepreneurs themselves, potential investors, banks, and other stakeholders.
- s why entrepreneurs prepare a business plan include guiding their business ideas clearly.
- A to attract potential investors to the enterprise and to apply for a bank loan.
- of a business plan include information about the enterprise, human resources, operations, marketing, and finances.
- section typically includes units of goods to be produced by the enterprise.
- in a business plan cover start-up capital required, expected expenses, revenue, and profits or losses to be made.
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9. Question
A business plan helps in forecasting profits or losses.
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10. Question
Marketing strategies are not included in a business plan.
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11. Question
Human resources section of a business plan includes financial projections.
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12. Question
 Banks are not interested in reviewing business plans.
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13. Question
Start-up capital required is not mentioned in a business plan.
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14. Question
A business plan does not guide clear business ideas.
CorrectIncorrect - Question 15 of 15
15. Question
Potential investors are not attracted by a well-prepared business plan.
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