WGU D520 CAPSTONE TASK 3 BUSINESS
PLAN CERTIFICATION SCRIPT 2026
QUESTIONS WITH SOLUTIONS GRADED A+
◍ long term goal.
Answer: goal set for an extended time, typically five years or more into the
future
◍ If business planning predicts that your gross margins will be small, you
would be best advised to:Select one:a. redesign your concept or abandon
your concept.b. keep your business small so that you can manage costs.c.
focus on guerilla marketing to target a niche..
Answer: a. redesign your concept or abandon your concept.
◍ types of Harvest Strategies.
Answer: retiresellgo publicpass it down
◍ A simple, flat organization chart is often useful to visualize what roles you
have filled and what gaps remain..
Answer: True
◍ pitch deck.
Answer: A presentation given to potential investors to provide a brief
overview of the business plan to earn another meeting. uses visuals - 15
mins or less
◍ Which portion of the business plan discusses risks and ROI.
Answer: Financial
◍ 5 parts of the main body of the business plan.
Answer: Intro, marketing, financial, operations, concluding statement
◍ Lean Canvas Model.
, Answer: A simple diagram that captures a business model and the
businesses goals.
◍ The business plan must establish that there is an opportunity worth
exploiting and must detail how to take advantage of it..
Answer: True
◍ What document do you use to try and persuade investors to select you
business..
Answer: executive summary
◍ professional consultant.
Answer: A hired expert who will provide assistance with your business plan
(paid)
◍ Which portion of the business plan discusses industry and location?.
Answer: Marketing
◍ Small Business Administration (SBA).
Answer: A U.S. government agency that advises and assists small
businesses by providing management training and financial advice and
loans.
◍ Service Corps of Retired Executives (SCORE).
Answer: a group of businesspeople who volunteer their services to small
businesses through the SBA who are retired
◍ Concepts in a lean canvas document.
Answer: problemssolutionsunique value propositionunfair
advantagechannelskey metricsrevenue streamscost structure
◍ Length of the statement of purpose.
Answer: 1-2 paragraphs
◍ The Purpose of a Business Plan.
Answer: Identifies the nature and context of the business
opportunityPresents the entrepreneur's approach to exploiting the
opportunityIdentifies factors affecting the venture's successServes as the
PLAN CERTIFICATION SCRIPT 2026
QUESTIONS WITH SOLUTIONS GRADED A+
◍ long term goal.
Answer: goal set for an extended time, typically five years or more into the
future
◍ If business planning predicts that your gross margins will be small, you
would be best advised to:Select one:a. redesign your concept or abandon
your concept.b. keep your business small so that you can manage costs.c.
focus on guerilla marketing to target a niche..
Answer: a. redesign your concept or abandon your concept.
◍ types of Harvest Strategies.
Answer: retiresellgo publicpass it down
◍ A simple, flat organization chart is often useful to visualize what roles you
have filled and what gaps remain..
Answer: True
◍ pitch deck.
Answer: A presentation given to potential investors to provide a brief
overview of the business plan to earn another meeting. uses visuals - 15
mins or less
◍ Which portion of the business plan discusses risks and ROI.
Answer: Financial
◍ 5 parts of the main body of the business plan.
Answer: Intro, marketing, financial, operations, concluding statement
◍ Lean Canvas Model.
, Answer: A simple diagram that captures a business model and the
businesses goals.
◍ The business plan must establish that there is an opportunity worth
exploiting and must detail how to take advantage of it..
Answer: True
◍ What document do you use to try and persuade investors to select you
business..
Answer: executive summary
◍ professional consultant.
Answer: A hired expert who will provide assistance with your business plan
(paid)
◍ Which portion of the business plan discusses industry and location?.
Answer: Marketing
◍ Small Business Administration (SBA).
Answer: A U.S. government agency that advises and assists small
businesses by providing management training and financial advice and
loans.
◍ Service Corps of Retired Executives (SCORE).
Answer: a group of businesspeople who volunteer their services to small
businesses through the SBA who are retired
◍ Concepts in a lean canvas document.
Answer: problemssolutionsunique value propositionunfair
advantagechannelskey metricsrevenue streamscost structure
◍ Length of the statement of purpose.
Answer: 1-2 paragraphs
◍ The Purpose of a Business Plan.
Answer: Identifies the nature and context of the business
opportunityPresents the entrepreneur's approach to exploiting the
opportunityIdentifies factors affecting the venture's successServes as the
