PGA PGM 3.0 Level 1 Test Questions with Answers
(100% Correct Answers)
The Process for developing a business plan starts before you establish
the goals you would like to achieve for the shops coming year—
Answer: True
Who should provide direction for creating the business plan at a Golf
Operation— Answer: Key Stakeholders
According to the business planning Model, a business plan should
build on and refine the operation plan— Answer: False
Long - Range Planning should initially assume an adversarial
relationship between neighboring facilities that directly compete with
each other.— Answer: True
What is the usual business destination for long range planning?—
Answer: 3-5 years Achieve its vision
what is the most significant benefit of strategic business Planning.—
Answer: Provide a long term vision & Destination
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Helping Establish a starting point for goals, Objectives, and related
strategies is an appropriate use of a SWOT analysis.— Answer: 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?— Answer: 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?— Answer: Current state of the business
The SWOT analysis would treat opportunities are threats as factors
that usually can be controlled by the facility.— Answer: False
The Result of a SWOT analysis could be sufficient justification for the
abandonment of a core business function— Answer: True
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Staff evaluation are a relevant data source for a SWOT analysis—
Answer: True
How might revenues be affected at a nearby daily fee course if the
local tire plant has major layoffs— Answer: Go Down (decrease)
Lack of a mission statement is an example of a weakness that a SWOT
analysis might disclose— Answer: True
Trends in local consumer spending would be most useful for
evaluating a core business function— Answer: True
What should govern the decision to pursue an opportunity?—
Answer: Finances - Barriers to entry - recourses - opportunity cost
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.— Answer: 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
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meets the criteria for an effective business objective as presented in the
business planning course manual.— Answer: True
"Develop and promote group lesson programs aimed at a women and
Juniors" is an example of an effective business objectives.— Answer:
False
What Important Characteristic is missing in the business Objectives.
"Increase pro shop sales next year?"— Answer: Measurables; How are
you going to measure
Which Characteristics of goals and objectives is described as capable of
being observed, recorded, and measure.— Answer: Quantifiable
What is functionally significant difference between goals and
objectives?— Answer: goal few clearly defined targets objectives of
how we get the goal.
A facilities financial objectives could achieved through operational
strategies alone.— Answer: 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
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