ANSWERS 100% GUARANTEED SUCCESS.
The Process for developing a business plan starts before
you establish the goals you would like to achieve for the
shops coming year ANS >>>True
Who should provide direction for creating the business
plan at a Golf Operation Key Stakeholders
ANS >>>
According to the business planning Model, a business plan
should build on and refine the operation plan ANS >>>False
Long - Range Planning should initially assume an
adversarial relationship between neighboring facilities
that directly compete with each other. True
ANS >>>
,What is the usual business destination for long range
planning? ANS >>>3-5 years Achieve its vision
what is the most significant benefit of strategic business
Planning. 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. True
ANS >>>
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?
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? ANS
>>>Current state of the business
The SWOT analysis would treat opportunities are threats
as factors that usually can be controlled by the facility.
False
ANS >>>
The Result of a SWOT analysis could be sufficient
justification for the abandonment of a core business
function ANS >>>True
Staff evaluation is a relevant data source for a SWOT
analysis ANS >>>True
, How might revenues be affected at a nearby daily fee course
if the local tire plant has major layoffs
ANS >>>Go Down (decrease)
Lack of a mission statement is an example of a weakness
that a SWOT analysis might disclose
ANS >>>True
Trends in local consumer spending would be most useful
for evaluating a core business function
ANS >>>True
What should govern the decision to pursue an
opportunity? Finances - Barriers to entry -
ANS >>>
recourses - opportunity cost
Goals, Objectives & strategies ANS >>>