PGA PGM 3.0 Level 1 Test with A+ guide
Answers
The Process for developing a business plan starts before you
establish the goals you would like to achieve for the shops coming
year - correct answers✅✅True
Who should provide direction for creating the business plan at a
Golf Operation - correct answers✅✅Key Stakeholders
According to the business planning Model, a business plan should
build on and refine the operation plan - correct
answers✅✅False
Long - Range Planning should initially assume an adversarial
relationship between neighboring facilities that directly compete
with each other. - correct answers✅✅True
What is the usual business destination for long range planning? -
correct answers✅✅3-5 years Achieve its vision
what is the most significant benefit of strategic business Planning.
- correct answers✅✅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. -
correct answers✅✅True
,PGA PGM 3.0 Level 1 Test with A+ guide
Answers
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? - correct
answers✅✅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? - correct
answers✅✅Current state of the business
The SWOT analysis would treat opportunities are threats as
factors that usually can be controlled by the facility. - correct
answers✅✅False
The Result of a SWOT analysis could be sufficient justification for
the abandonment of a core business function - correct
answers✅✅True
Staff evaluation are a relevant data source for a SWOT analysis -
correct answers✅✅True
,PGA PGM 3.0 Level 1 Test with A+ guide
Answers
How might revenues be affected at a nearby daily fee course if
the local tire plant has major layoffs - correct answers✅✅Go
Down (decrease)
Lack of a mission statement is an example of a weakness that a
SWOT analysis might disclose - correct answers✅✅True
Trends in local consumer spending would be most useful for
evaluating a core business function - correct answers✅✅True
What should govern the decision to pursue an opportunity? -
correct answers✅✅Finances - Barriers to entry - recourses -
opportunity cost
Goals, Objectives & strategies - correct answers✅✅
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. - correct answers✅✅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. -
correct answers✅✅True
, PGA PGM 3.0 Level 1 Test with A+ guide
Answers
"Develop and promote group lesson programs aimed at a women
and Juniors" is an example of an effective business objectives. -
correct answers✅✅False
What Important Characteristic is missing in the business
Objectives. "Increase pro shop sales next year?" - correct
answers✅✅Measurables; How are you going to measure
Which Characteristics of goals and objectives is described as
capable of being observed, recorded, and measure. - correct
answers✅✅Quantifiable
What is functionally significant difference between goals and
objectives? - correct answers✅✅goal few clearly defined
targets objectives of how we get the goal.
A facilities financial objectives could achieved through operational
strategies alone. - correct answers✅✅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? -
correct answers✅✅.......
Answers
The Process for developing a business plan starts before you
establish the goals you would like to achieve for the shops coming
year - correct answers✅✅True
Who should provide direction for creating the business plan at a
Golf Operation - correct answers✅✅Key Stakeholders
According to the business planning Model, a business plan should
build on and refine the operation plan - correct
answers✅✅False
Long - Range Planning should initially assume an adversarial
relationship between neighboring facilities that directly compete
with each other. - correct answers✅✅True
What is the usual business destination for long range planning? -
correct answers✅✅3-5 years Achieve its vision
what is the most significant benefit of strategic business Planning.
- correct answers✅✅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. -
correct answers✅✅True
,PGA PGM 3.0 Level 1 Test with A+ guide
Answers
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? - correct
answers✅✅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? - correct
answers✅✅Current state of the business
The SWOT analysis would treat opportunities are threats as
factors that usually can be controlled by the facility. - correct
answers✅✅False
The Result of a SWOT analysis could be sufficient justification for
the abandonment of a core business function - correct
answers✅✅True
Staff evaluation are a relevant data source for a SWOT analysis -
correct answers✅✅True
,PGA PGM 3.0 Level 1 Test with A+ guide
Answers
How might revenues be affected at a nearby daily fee course if
the local tire plant has major layoffs - correct answers✅✅Go
Down (decrease)
Lack of a mission statement is an example of a weakness that a
SWOT analysis might disclose - correct answers✅✅True
Trends in local consumer spending would be most useful for
evaluating a core business function - correct answers✅✅True
What should govern the decision to pursue an opportunity? -
correct answers✅✅Finances - Barriers to entry - recourses -
opportunity cost
Goals, Objectives & strategies - correct answers✅✅
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. - correct answers✅✅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. -
correct answers✅✅True
, PGA PGM 3.0 Level 1 Test with A+ guide
Answers
"Develop and promote group lesson programs aimed at a women
and Juniors" is an example of an effective business objectives. -
correct answers✅✅False
What Important Characteristic is missing in the business
Objectives. "Increase pro shop sales next year?" - correct
answers✅✅Measurables; How are you going to measure
Which Characteristics of goals and objectives is described as
capable of being observed, recorded, and measure. - correct
answers✅✅Quantifiable
What is functionally significant difference between goals and
objectives? - correct answers✅✅goal few clearly defined
targets objectives of how we get the goal.
A facilities financial objectives could achieved through operational
strategies alone. - correct answers✅✅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? -
correct answers✅✅.......