PGA PGM 3.0 LEVEL 1 TEST LATEST
WITH ACTUAL 450+ QUESTIONS AND CORRECT
VERIFIED ANSWERS / ALREADY GRADED A+ / 100%
GUARANTEED PASS!
Terms in this set (447)
The Process for developing a True
business plan starts before
you establish the goals you
would like to achieve for the
shops coming year
Who should provide Key Stakeholders
direction for creating the
business plan at a Golf
Operation
According to the business False
planning Model, a business
plan should build on and
refine the operation plan
Long - Range Planning True
should initially assume an
adversarial relationship
between neighboring
facilities that directly
compete with each other.
, 3-5 years Achieve its vision
What is the usual business
destination for long range
planning?
what is the most significant Provide a long term vision & Destination
benefit of strategic business
Planning.
Helping Establish a True
starting point for goals,
Objectives, and related
strategies is an
appropriate use of a
SWOT analysis.
Monitor Performance
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?
,A Golf Professional is Current state of the business
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?
The SWOT analysis would False
treat opportunities are
threats as factors that
usually can be controlled by
the facility.
The Result of a SWOT True
analysis could be sufficient
justification for the
abandonment of a core
business function
Staff evaluation are a True
relevant data source for a
SWOT analysis
Go Down (decrease)
How might revenues be
affected at a nearby daily fee
course if the local tire plant
has major layoffs
, Lack of a mission statement is True
an example of a weakness
that a SWOT analysis might
disclose
Trends in local consumer True
spending would be most
useful for evaluating a core
business function
What should govern the Finances - Barriers to entry - recourses - opportunity cost
decision to pursue an
opportunity?
Goals, Objectives & strategies
True
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.
WITH ACTUAL 450+ QUESTIONS AND CORRECT
VERIFIED ANSWERS / ALREADY GRADED A+ / 100%
GUARANTEED PASS!
Terms in this set (447)
The Process for developing a True
business plan starts before
you establish the goals you
would like to achieve for the
shops coming year
Who should provide Key Stakeholders
direction for creating the
business plan at a Golf
Operation
According to the business False
planning Model, a business
plan should build on and
refine the operation plan
Long - Range Planning True
should initially assume an
adversarial relationship
between neighboring
facilities that directly
compete with each other.
, 3-5 years Achieve its vision
What is the usual business
destination for long range
planning?
what is the most significant Provide a long term vision & Destination
benefit of strategic business
Planning.
Helping Establish a True
starting point for goals,
Objectives, and related
strategies is an
appropriate use of a
SWOT analysis.
Monitor Performance
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?
,A Golf Professional is Current state of the business
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?
The SWOT analysis would False
treat opportunities are
threats as factors that
usually can be controlled by
the facility.
The Result of a SWOT True
analysis could be sufficient
justification for the
abandonment of a core
business function
Staff evaluation are a True
relevant data source for a
SWOT analysis
Go Down (decrease)
How might revenues be
affected at a nearby daily fee
course if the local tire plant
has major layoffs
, Lack of a mission statement is True
an example of a weakness
that a SWOT analysis might
disclose
Trends in local consumer True
spending would be most
useful for evaluating a core
business function
What should govern the Finances - Barriers to entry - recourses - opportunity cost
decision to pursue an
opportunity?
Goals, Objectives & strategies
True
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.
