PGA PGM 3.0 LEVEL 1 TEST | 447 QUESTIONS WITH
100% CORRECT ANSWERS | 53 PAGES 2026/2027
The Process for developing a business plan starts before you establish the
goals you would like to achieve for the shops coming year - ANSWER -True
Who should provide direction for creating the business plan at a Golf
Operation - ANSWER -Key Stakeholders
According to the business planning Model, a business plan should build on
and refine the operation plan - ANSWER -False
Long - Range Planning should initially assume an adversarial relationship
between neighboring facilities that directly compete with each other. -
ANSWER -True
What is the usual business destination for long range planning? - ANSWER -
3-5 years Achieve its vision
what is the most significant benefit of strategic business Planning. - ANSWER
-Provide a long term vision & Destination
Helping Establish a starting point for goals, Objectives, and related strategies
is an appropriate use of a SWOT analysis. - ANSWER -True
You are in the process of completing a business plan for the golf shop. Initial
forecast of sales, expenses, and profit have been made. Past data has been
analyzed and important inside and outside factors have been identified.
What is the next step to be taken towards completing the plan? - ANSWER -
Monitor Performance
,A Golf Professional is purchasing a golf course. The business plan he
presented to his banker included his history of operating successfully
operating similar facilities, budget projections for the first five years under
his management, and objectives and strategies for reaching his goals. The
banker rejected the loan application because of missing information. What
important element is missing from the business plan? - ANSWER -Current
state of the business
The SWOT analysis would treat opportunities are threats as factors that
usually can be controlled by the facility. - ANSWER -False
The Result of a SWOT analysis could be sufficient justification for the
abandonment of a core business function - ANSWER -True
Staff evaluation are a relevant data source for a SWOT analysis - ANSWER -
True
How might revenues be affected at a nearby daily fee course if the local tire
plant has major layoffs - ANSWER -Go Down (decrease)
Lack of a mission statement is an example of a weakness that a SWOT
analysis might disclose - ANSWER -True
Trends in local consumer spending would be most useful for evaluating a
core business function - ANSWER -True
What should govern the decision to pursue an opportunity? - ANSWER -
Finances - Barriers to entry - recourses - opportunity cost
Goals, Objectives & strategies - ANSWER -
,Consider the following the statement as part of the a business plan:
"improve range profits and customer satisfaction." According to the
business planning course, this statement is an example of an objective. -
ANSWER -True
The new manager of a ten - year - old private course currently doing an
average of 5, 000 tournament rounds per year, proposes to increase
tournament rounds by 50% by the end of the next year. This proposal meets
the criteria for an effective business objective as presented in the business
planning course manual. - ANSWER -True
"Develop and promote group lesson programs aimed at a women and
Juniors" is an example of an effective business objectives. - ANSWER -False
What Important Characteristic is missing in the business Objectives.
"Increase pro shop sales next year?" - ANSWER -Measurables; How are you
going to measure
Which Characteristics of goals and objectives is described as capable of
being observed, recorded, and measure. - ANSWER -Quantifiable
What is functionally significant difference between goals and objectives? -
ANSWER -goal few clearly defined targets objectives of how we get the goal.
A facilities financial objectives could achieved through operational strategies
alone. - ANSWER -False
The Following agenda was part of a golf range business plan."175 dozen
range balls and rotate usage three times a year. Who: Head Professional.
When: End of First Quarter. Cost: $1500" According to the business plan
component represented by this statement? - ANSWER -.......
, What is an example of a financial Strategy? - ANSWER -Borrowing Money:
Debt: Reduce operating expense.
What would be the most appropriate initial response to a facility income not
meeting projections. - ANSWER -.......
Financial, Forecast, and Budgets - ANSWER -
Calculating yield involves knowing the relationship between the amount
utilized and the amount available. - ANSWER -True
Gross Profit is what remains after calculating the difference between
revenue and cost of goods - ANSWER -True
Linear trend analysis and base year analysis are example of vertical analysis -
ANSWER -False
The Divisor in the linear trend formula - average percentage is the number
of years of change being measured. - ANSWER -True
Conducting a base year analysis is a good choice for a facility that has just
completed a project that added nine new holes to the original 9 - hole
course - ANSWER -True
Golf Shop sales of $100,000 yield gross margin of $30,000, What is the
percent of the cost of goods. - ANSWER -30%
What is the definition of "cost of goods sold" - ANSWER -Cost used to by
stock
If the gross target margin for your golf shop were about 40%, what would be
the target % for your cost of goods sold? - ANSWER -60%
100% CORRECT ANSWERS | 53 PAGES 2026/2027
The Process for developing a business plan starts before you establish the
goals you would like to achieve for the shops coming year - ANSWER -True
Who should provide direction for creating the business plan at a Golf
Operation - ANSWER -Key Stakeholders
According to the business planning Model, a business plan should build on
and refine the operation plan - ANSWER -False
Long - Range Planning should initially assume an adversarial relationship
between neighboring facilities that directly compete with each other. -
ANSWER -True
What is the usual business destination for long range planning? - ANSWER -
3-5 years Achieve its vision
what is the most significant benefit of strategic business Planning. - ANSWER
-Provide a long term vision & Destination
Helping Establish a starting point for goals, Objectives, and related strategies
is an appropriate use of a SWOT analysis. - ANSWER -True
You are in the process of completing a business plan for the golf shop. Initial
forecast of sales, expenses, and profit have been made. Past data has been
analyzed and important inside and outside factors have been identified.
What is the next step to be taken towards completing the plan? - ANSWER -
Monitor Performance
,A Golf Professional is purchasing a golf course. The business plan he
presented to his banker included his history of operating successfully
operating similar facilities, budget projections for the first five years under
his management, and objectives and strategies for reaching his goals. The
banker rejected the loan application because of missing information. What
important element is missing from the business plan? - ANSWER -Current
state of the business
The SWOT analysis would treat opportunities are threats as factors that
usually can be controlled by the facility. - ANSWER -False
The Result of a SWOT analysis could be sufficient justification for the
abandonment of a core business function - ANSWER -True
Staff evaluation are a relevant data source for a SWOT analysis - ANSWER -
True
How might revenues be affected at a nearby daily fee course if the local tire
plant has major layoffs - ANSWER -Go Down (decrease)
Lack of a mission statement is an example of a weakness that a SWOT
analysis might disclose - ANSWER -True
Trends in local consumer spending would be most useful for evaluating a
core business function - ANSWER -True
What should govern the decision to pursue an opportunity? - ANSWER -
Finances - Barriers to entry - recourses - opportunity cost
Goals, Objectives & strategies - ANSWER -
,Consider the following the statement as part of the a business plan:
"improve range profits and customer satisfaction." According to the
business planning course, this statement is an example of an objective. -
ANSWER -True
The new manager of a ten - year - old private course currently doing an
average of 5, 000 tournament rounds per year, proposes to increase
tournament rounds by 50% by the end of the next year. This proposal meets
the criteria for an effective business objective as presented in the business
planning course manual. - ANSWER -True
"Develop and promote group lesson programs aimed at a women and
Juniors" is an example of an effective business objectives. - ANSWER -False
What Important Characteristic is missing in the business Objectives.
"Increase pro shop sales next year?" - ANSWER -Measurables; How are you
going to measure
Which Characteristics of goals and objectives is described as capable of
being observed, recorded, and measure. - ANSWER -Quantifiable
What is functionally significant difference between goals and objectives? -
ANSWER -goal few clearly defined targets objectives of how we get the goal.
A facilities financial objectives could achieved through operational strategies
alone. - ANSWER -False
The Following agenda was part of a golf range business plan."175 dozen
range balls and rotate usage three times a year. Who: Head Professional.
When: End of First Quarter. Cost: $1500" According to the business plan
component represented by this statement? - ANSWER -.......
, What is an example of a financial Strategy? - ANSWER -Borrowing Money:
Debt: Reduce operating expense.
What would be the most appropriate initial response to a facility income not
meeting projections. - ANSWER -.......
Financial, Forecast, and Budgets - ANSWER -
Calculating yield involves knowing the relationship between the amount
utilized and the amount available. - ANSWER -True
Gross Profit is what remains after calculating the difference between
revenue and cost of goods - ANSWER -True
Linear trend analysis and base year analysis are example of vertical analysis -
ANSWER -False
The Divisor in the linear trend formula - average percentage is the number
of years of change being measured. - ANSWER -True
Conducting a base year analysis is a good choice for a facility that has just
completed a project that added nine new holes to the original 9 - hole
course - ANSWER -True
Golf Shop sales of $100,000 yield gross margin of $30,000, What is the
percent of the cost of goods. - ANSWER -30%
What is the definition of "cost of goods sold" - ANSWER -Cost used to by
stock
If the gross target margin for your golf shop were about 40%, what would be
the target % for your cost of goods sold? - ANSWER -60%
