STTI Building a Better Business Plan
100% Exam Questions and answers
Who should be invited to hear the proposal of your business plan?
a. Staff involved in providing the service
b. Board Members
c. Administrators
d. All of the above - -All of the above
- The business should include all of the following except:
a. service description
b. your resume
c. financial data
d. problem identification or need - -b. your resume
- When writing the marketing section, you should:
A. Only address marketing outside of the organization
B. Only address marketing inside the organization
C. Identify the target audience
D. Use complicated technical jargon - -C. Identify the target audience
- Examples of variable costs include all of the following except:
A. Medications
B. Wages
C. Supplies and materials
D. Mortgage or rent - -D. Mortgage or rent
- The break-even point is:
A. When a substantial loss occurs
B. When an organization makes a profit
C. Not the same as ROI
D. When revenue is equal to cost - -D. When revenue is equal to cost
- When planning to implement a new service, what approach is the most
appropriate?
A. Community involvement
B. Hiring an outside consultant
C. Solo research
D. A teamwork approach - -D. A teamwork approach
- When presenting the business plan, it is important to:
A. Demand an immediate decision
B. Talk quickly so the meeting doesn't last too long
C. Not let people ask questions. They should read the business plan.
100% Exam Questions and answers
Who should be invited to hear the proposal of your business plan?
a. Staff involved in providing the service
b. Board Members
c. Administrators
d. All of the above - -All of the above
- The business should include all of the following except:
a. service description
b. your resume
c. financial data
d. problem identification or need - -b. your resume
- When writing the marketing section, you should:
A. Only address marketing outside of the organization
B. Only address marketing inside the organization
C. Identify the target audience
D. Use complicated technical jargon - -C. Identify the target audience
- Examples of variable costs include all of the following except:
A. Medications
B. Wages
C. Supplies and materials
D. Mortgage or rent - -D. Mortgage or rent
- The break-even point is:
A. When a substantial loss occurs
B. When an organization makes a profit
C. Not the same as ROI
D. When revenue is equal to cost - -D. When revenue is equal to cost
- When planning to implement a new service, what approach is the most
appropriate?
A. Community involvement
B. Hiring an outside consultant
C. Solo research
D. A teamwork approach - -D. A teamwork approach
- When presenting the business plan, it is important to:
A. Demand an immediate decision
B. Talk quickly so the meeting doesn't last too long
C. Not let people ask questions. They should read the business plan.
