PGM Facility Management Level 2 Test PGA Exam Guide Questions and Verified Answers

PGM Facility Management Level 2 Test PGA Exam Guide Questions and Verified Answers The process for developing a business plan starts before you establish the goals you would like to achieve for the shops upcoming year - CORRECT ANSWER-True A well though out business plan will typically focus on achieving financial goals - CORRECT ANSWER-Fals Staff should be involved in effective business planning to create a sense of ownership - CORRECT ANSWER-True Assessing the current state of business is the most significant advantage of strategic planning - CORRECT ANSWER-False Who should provide direction for creating the business plan at a golf operation - CORRECT ANSWER-The golf operation stakeholders What are the 5 phases of the PGA business model - CORRECT ANSWER-Find the business Assess the current state of the business Develop goals, objectives, and strategies Develop financial forecasts and budgets Monitor performance According to the business planning model a business plan should build on and refine the operational plan. - CORRECT ANSWER-False What is the usual business destination for long-range planning? - CORRECT ANSWER3-5 years Proactive planning is one of the anticipated outcomes of strategic business planning - CORRECT ANSWER-True what is the most signifiacant benefit of strategic business planning - CORRECT ANSWER-long term vision and destination of the facility Clarification of job responsibilities is one of the added values provided by the strategic planning process - CORRECT ANSWER-False Business goals are typically developed in the defining the busines phase of the business planning process - CORRECT ANSWER-false typically a written set of core values is developed in defining the business phase of the business planning process - CORRECT ANSWER-true Helping establish a starting point for goals, objectives, and related strategies is an appropriate use of the SWOT analysis. - CORRECT ANSWER-true financial forecast should be based on historical data deriv