PGA PGM 3.0 Level 1 exam with
comprehensive questions and well
elaborated correct answers graded A+
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,The Process for developing a business plan starts before you establish the goals you would like to
achieve for the shops coming year - correct ans:True
Who should provide direction for creating the business plan at a Golf Operation - correct ans:Key
Stakeholders
According to the business planning Model, a business plan should build on and refine the operation plan
- correct ans:False
Long - Range Planning should initially assume an adversarial relationship between neighboring facilities
that directly compete with each other. - correct ans:True
What is the usual business destination for long range planning? - correct ans:3-5 years Achieve its vision
what is the most significant benefit of strategic business Planning. - correct ans: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 ans: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? - correct ans: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 ans:Current state of the business
The SWOT analysis would treat opportunities are[DATE]
threats as factors that usually can be controlled by the
facility. - correct ans:False [COMPANY NAME]
[Company address]
,The Result of a SWOT analysis could be sufficient justification for the abandonment of a core business
function - correct ans:True
Staff evaluation are a relevant data source for a SWOT analysis - correct ans:True
How might revenues be affected at a nearby daily fee course if the local tire plant has major layoffs -
correct ans:Go Down (decrease)
Lack of a mission statement is an example of a weakness that a SWOT analysis might disclose - correct
ans:True
Trends in local consumer spending would be most useful for evaluating a core business function -
correct ans:True
What should govern the decision to pursue an opportunity? - correct ans:Finances - Barriers to entry -
recourses - opportunity cost
Goals, Objectives & strategies - correct ans:
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 ans: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 ans:True
"Develop and promote group lesson programs aimed at a women and Juniors" is an example of an
effective business objectives. - correct ans:False
, What Important Characteristic is missing in the business Objectives. "Increase pro shop sales next year?"
- correct ans:Measurables; How are you going to measure
Which Characteristics of goals and objectives is described as capable of being observed, recorded, and
measure. - correct ans:Quantifiable
What is functionally significant difference between goals and objectives? - correct ans:goal few clearly
defined targets objectives of how we get the goal.
A facilities financial objectives could achieved through operational strategies alone. - correct ans: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 ans:.......
What is an example of a financial Strategy? - correct ans:Borrowing Money: Debt: Reduce operating
expense.
What would be the most appropriate initial response to a facility income not meeting projections. -
correct ans:.......
Financial, Forecast, and Budgets - correct ans:
Calculating yield involves knowing the relationship between the amount utilized and the amount
available. - correct ans:True
Gross Profit is what remains after calculating the difference between revenue and cost of goods - correct
ans:True
Linear trend analysis and base year analysis are example of vertical analysis - correct ans:False
comprehensive questions and well
elaborated correct answers graded A+
Professional Academic Assistance Services
Services Offered
Proctored Exam Assistance
Online Class Management (Full Course Support)
Exam Preparation & Study Materials
Assignments and Coursework Support
Essays and Research Papers
Discussion Posts and Replies
Contact Information
Email:
WhatsApp: +254705994759
,The Process for developing a business plan starts before you establish the goals you would like to
achieve for the shops coming year - correct ans:True
Who should provide direction for creating the business plan at a Golf Operation - correct ans:Key
Stakeholders
According to the business planning Model, a business plan should build on and refine the operation plan
- correct ans:False
Long - Range Planning should initially assume an adversarial relationship between neighboring facilities
that directly compete with each other. - correct ans:True
What is the usual business destination for long range planning? - correct ans:3-5 years Achieve its vision
what is the most significant benefit of strategic business Planning. - correct ans: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 ans: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? - correct ans: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 ans:Current state of the business
The SWOT analysis would treat opportunities are[DATE]
threats as factors that usually can be controlled by the
facility. - correct ans:False [COMPANY NAME]
[Company address]
,The Result of a SWOT analysis could be sufficient justification for the abandonment of a core business
function - correct ans:True
Staff evaluation are a relevant data source for a SWOT analysis - correct ans:True
How might revenues be affected at a nearby daily fee course if the local tire plant has major layoffs -
correct ans:Go Down (decrease)
Lack of a mission statement is an example of a weakness that a SWOT analysis might disclose - correct
ans:True
Trends in local consumer spending would be most useful for evaluating a core business function -
correct ans:True
What should govern the decision to pursue an opportunity? - correct ans:Finances - Barriers to entry -
recourses - opportunity cost
Goals, Objectives & strategies - correct ans:
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 ans: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 ans:True
"Develop and promote group lesson programs aimed at a women and Juniors" is an example of an
effective business objectives. - correct ans:False
, What Important Characteristic is missing in the business Objectives. "Increase pro shop sales next year?"
- correct ans:Measurables; How are you going to measure
Which Characteristics of goals and objectives is described as capable of being observed, recorded, and
measure. - correct ans:Quantifiable
What is functionally significant difference between goals and objectives? - correct ans:goal few clearly
defined targets objectives of how we get the goal.
A facilities financial objectives could achieved through operational strategies alone. - correct ans: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 ans:.......
What is an example of a financial Strategy? - correct ans:Borrowing Money: Debt: Reduce operating
expense.
What would be the most appropriate initial response to a facility income not meeting projections. -
correct ans:.......
Financial, Forecast, and Budgets - correct ans:
Calculating yield involves knowing the relationship between the amount utilized and the amount
available. - correct ans:True
Gross Profit is what remains after calculating the difference between revenue and cost of goods - correct
ans:True
Linear trend analysis and base year analysis are example of vertical analysis - correct ans:False
