Facility Management Exam Questions solved &
updated (latest update 2025).
The process for developing a business plan starts before you establish the goals you would
like to achieve for the shop's coming year. (T / F)
True-they first must fully understand where business is now before long term vision
Who should provide direction for creating the business plan at a golf operation?
PGA professionals
According to the Business Planning Model, a business plan should build on and refine the
operational plan. (T / F)
True-usually updating or revisiting how business is defined
Long-range planning should initially assume an adversarial relationship between neighboring
facilities that directly compete with each other. (T / F).
False
What is the usual business destination for long-range planning?
3-5 year plans that identify a future "destination" for a business; includes long term goals and
financial forecast to help business achieve its vision
What is the most significant benefit of strategic business planning?
gives the organization a competitive advantage and enables it to successfully meet its objective
Helping establish a starting point for goals, objectives, and related strategies is an
appropriate use of the SWOT analysis. (T / F)
True-swot helps determine facility strengths, weaknesses, opportunities, and threats...helps
establish a starting point for new goals, objectives, and strategies
, Financial forecasts should be based on historical data derived from a linear trend analysis. (T
/ F)
true
You are in the process of completing a business plan for the golf shop. Initial forecasts 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?
Monitor Performance-(the final stage of business planning)
A golf professional is purchasing a golf course. The business plan he presented to his banker
included his history of 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 his loan application because of missing information. What important element
is missing from the business plan?
Define the business: facility's purpose and direction including core values, vision and mission;
foundation of the entire business planning process
A vision defines the short-term objectives that must be accomplished in the upcoming year.
(T / F)
false- visions are long-range plans
A facility profile defines the overall culture of the business. (T / F)
True- facility is the business assets, target markets, and customers
The projected customer base of certain golf facilities located in the United States could
assume members drawn from international markets. (T / F)
true-for some renowned courses and resorts
A yield analysis is used to compile a facility's historical data on the number of rounds played.
(T / F)
updated (latest update 2025).
The process for developing a business plan starts before you establish the goals you would
like to achieve for the shop's coming year. (T / F)
True-they first must fully understand where business is now before long term vision
Who should provide direction for creating the business plan at a golf operation?
PGA professionals
According to the Business Planning Model, a business plan should build on and refine the
operational plan. (T / F)
True-usually updating or revisiting how business is defined
Long-range planning should initially assume an adversarial relationship between neighboring
facilities that directly compete with each other. (T / F).
False
What is the usual business destination for long-range planning?
3-5 year plans that identify a future "destination" for a business; includes long term goals and
financial forecast to help business achieve its vision
What is the most significant benefit of strategic business planning?
gives the organization a competitive advantage and enables it to successfully meet its objective
Helping establish a starting point for goals, objectives, and related strategies is an
appropriate use of the SWOT analysis. (T / F)
True-swot helps determine facility strengths, weaknesses, opportunities, and threats...helps
establish a starting point for new goals, objectives, and strategies
, Financial forecasts should be based on historical data derived from a linear trend analysis. (T
/ F)
true
You are in the process of completing a business plan for the golf shop. Initial forecasts 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?
Monitor Performance-(the final stage of business planning)
A golf professional is purchasing a golf course. The business plan he presented to his banker
included his history of 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 his loan application because of missing information. What important element
is missing from the business plan?
Define the business: facility's purpose and direction including core values, vision and mission;
foundation of the entire business planning process
A vision defines the short-term objectives that must be accomplished in the upcoming year.
(T / F)
false- visions are long-range plans
A facility profile defines the overall culture of the business. (T / F)
True- facility is the business assets, target markets, and customers
The projected customer base of certain golf facilities located in the United States could
assume members drawn from international markets. (T / F)
true-for some renowned courses and resorts
A yield analysis is used to compile a facility's historical data on the number of rounds played.
(T / F)
