WGU D520 CAPSTONE TASK 3 BUSINESS
PLAN FINAL TEST 2026 QUESTIONS WITH
CORRECT ANSWERS GRADED A+
◍ SWOT.
Answer: Strengths, weaknesses, opportunities, threats
◍ operations plan.
Answer: A plan outlining how the business will operate
◍ business plan.
Answer: a written descriptions of a new business venture and a strategy to
launch that business
◍ objectives.
Answer: specific, measurable, short-term expectations
◍ Business Ethics.
Answer: Rules about how businesses and their employees ought to behave.
◍ culture.
Answer: the beliefs and values of a company
◍ substitute.
Answer: an alternative product/service that may provide other benefits
◍ balance sheet.
Answer: a financial statement that summarizes assets, liabilities and net
worth of a business
◍ Objectives of a Business Plan.
Answer: To convince investors and lenders the business will be profitable;
To identify necessary legal procedures for start-up; To establish
month-to-month steps to profitably operate the business
, ◍ liability.
Answer: $ a business owes
◍ start-up capital.
Answer: the $ it takes to start your business and keep it running for the first
6-12 months
◍ Patent.
Answer: Exclusive right to make, use, or sell a device or process.
◍ operations plan.
Answer: a plan outlining how the business will operate
◍ Market Segment Analysis.
Answer: Part of the Business Description & Analysis section that describes
target market's needs, wants and buying habits, and how the business
addresses these
◍ marketing plan.
Answer: how to inform people about your new product or business; includes
advertising and promotion
◍ Copyright.
Answer: Exclusive right to perform, display copy or distribute an artistic
work
◍ revenue.
Answer: total $ from sales; units sold times price/unit
◍ Conflict of Interest.
Answer: Situation in which an employee must choose between a business's
welfare and personal gain.
◍ financial plan.
Answer: how much money you'll need to jump start your business and keep
it running, if you will need a loan and how to finance if necessary
◍ purposes of a business plan.
PLAN FINAL TEST 2026 QUESTIONS WITH
CORRECT ANSWERS GRADED A+
◍ SWOT.
Answer: Strengths, weaknesses, opportunities, threats
◍ operations plan.
Answer: A plan outlining how the business will operate
◍ business plan.
Answer: a written descriptions of a new business venture and a strategy to
launch that business
◍ objectives.
Answer: specific, measurable, short-term expectations
◍ Business Ethics.
Answer: Rules about how businesses and their employees ought to behave.
◍ culture.
Answer: the beliefs and values of a company
◍ substitute.
Answer: an alternative product/service that may provide other benefits
◍ balance sheet.
Answer: a financial statement that summarizes assets, liabilities and net
worth of a business
◍ Objectives of a Business Plan.
Answer: To convince investors and lenders the business will be profitable;
To identify necessary legal procedures for start-up; To establish
month-to-month steps to profitably operate the business
, ◍ liability.
Answer: $ a business owes
◍ start-up capital.
Answer: the $ it takes to start your business and keep it running for the first
6-12 months
◍ Patent.
Answer: Exclusive right to make, use, or sell a device or process.
◍ operations plan.
Answer: a plan outlining how the business will operate
◍ Market Segment Analysis.
Answer: Part of the Business Description & Analysis section that describes
target market's needs, wants and buying habits, and how the business
addresses these
◍ marketing plan.
Answer: how to inform people about your new product or business; includes
advertising and promotion
◍ Copyright.
Answer: Exclusive right to perform, display copy or distribute an artistic
work
◍ revenue.
Answer: total $ from sales; units sold times price/unit
◍ Conflict of Interest.
Answer: Situation in which an employee must choose between a business's
welfare and personal gain.
◍ financial plan.
Answer: how much money you'll need to jump start your business and keep
it running, if you will need a loan and how to finance if necessary
◍ purposes of a business plan.
