TEST
PGM FACILITY MANAGEMENT LEVEL 2 TEST |GUARANTEED |VERIFIED
The process for developing a business plan starts before you establish
the goals you would like to achieve for the shops upcoming year -
ACCURATE ANSWERS✔✔ True
A well though out business plan will typically focus on achieving
financial goals - ACCURATE ANSWERS✔✔ Fals
Staff should be involved in effective business planning to create a sense
of ownership - ACCURATE ANSWERS✔✔ True
,Assessing the current state of business is the most significant advantage
of strategic planning - ACCURATE ANSWERS✔✔ False
Who should provide direction for creating the business plan at a golf
operation - ACCURATE ANSWERS✔✔ The golf operation
stakeholders
What are the 5 phases of the PGA business model - ACCURATE
ANSWERS✔✔ 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. - ACCURATE ANSWERS✔✔ False
What is the usual business destination for long-range planning? -
ACCURATE ANSWERS✔✔ 3-5 years
Proactive planning is one of the anticipated outcomes of strategic
business planning - ACCURATE ANSWERS✔✔ True
what is the most signifiacant benefit of strategic business planning -
ACCURATE ANSWERS✔✔ long term vision and destination of the
facility
, Clarification of job responsibilities is one of the added values provided
by the strategic planning process - ACCURATE ANSWERS✔✔ False
Business goals are typically developed in the defining the busines phase
of the business planning process - ACCURATE ANSWERS✔✔ false
typically a written set of core values is developed in defining the
business phase of the business planning process - ACCURATE
ANSWERS✔✔ true
Helping establish a starting point for goals, objectives, and related
strategies is an appropriate use of the SWOT analysis. - ACCURATE
ANSWERS✔✔ true
financial forecast should be based on historical data derived from a
linear trend analysis - ACCURATE ANSWERS✔✔ false
you are in the process of completing a business plan for the golf shop
initial forecast of sales expense and profit has 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? - ACCURATE ANSWERS✔✔ Make assumptions on how inside
and outside factors will effect the business
a golf pro is purchasing a golf course the business plan he presented to
his banker included his history of successfully operating similar