Business Plan Assessment: Quiz!
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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.
- 1.
My business plan was written for a clearly identified and understood target market.
- A.
Absolutely
- B.
Largely
- C.
Partially
- D.
Not well addressed
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- 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
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- 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
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- 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
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- 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
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- 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
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- 7.
The most important part of your business plan?
- A.
Executive Summary
- B.
Table of Contents
- C.
Background
- D.
Financial Plan
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- 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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Quiz Review Timeline +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
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Mar 22, 2022Quiz Edited by
ProProfs Editorial Team -
Jul 21, 2010Quiz Created by
Mtarrant
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