The financial analysis section of a business plan should ________.
A) be included only if you have an existing company
B) omit exact dollar figures
C) explain how much money you already have
D) omit one-time expenses
Ques. 2It is good business to share both good news and bad news with employees as quickly and completely as possible.
Indicate whether the statement is true or false
Ques. 3A potential angel investor is reading your business plan for a new start-up company. What will this investor most likely consider to be the most important factor in assessing your business potential?
A) Whether you're aware of all of your direct and indirect competitors
B) Whether you've come up with a realistic start-up budget
C) Whether your management team can implement the business plan
D) Whether your start-up company will use social media for marketing and communication
Ques. 4Managers can stop rumors by counteracting the free flow of information through the grapevine.
Indicate whether the statement is true or false
Ques. 5Which of the following would not appear in the operations and management section of a business plan?
A) How you will run your business
B) Who your competitors will be
C) The personnel and management of your business
D) The location of your business and the equipment you will use
Ques. 6The grapevine is active at every level of the organization, moving information from one manager or employee to the next.
Indicate whether the statement is true or false
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