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QUESTION 1

Which of the following statements about business plans isleast accurate?

a.

A business plan is critical for securing financial support ofany kind.

b.

A business plan is another form of proposal.

c.

The reader of a business plan is typically a bank loan officer,a venture capitalist, or an investor.

d.

Business plans are generally written in response to RFPs.

1 points

QUESTION 2

Which of the following statements about formal business reportsis least accurate?

a.

Breaking a long formal report into small segments makes iteasier to understand.

b.

Formal reports present the end product of thorough investigationand analyses.

c.

Formal reports are similar to formal proposals in length,organization, and serious tone.

d.

Formal reports are written for internal audiences only.

1 points

QUESTION 3

Which of the following components is typically included in aformal proposal but is optional in an informal proposal?

a.

Staffing

b.

Budget

c.

Authorization Request

d.

Abstract or summary

1 points

QUESTION 4

Unsolicited proposals should

a.

use the language of the RFP or other announcement.

b.

convince the reader that a problem exists.

c.

not present a complete budget until after the proposal has beenaccepted.

d.

reveal every detail of your proposal.

1 points

QUESTION 5

The executive summary of a business plan

a.

can be as long as needed to get your message across.

b.

should be written first to get your thoughts in order.

c.

can be combined with the mission statement

d.

All of these statements about a business plan’s executivesummary are correct.

1 points

QUESTION 6

A business plan mission statement

a.

is optional.

b.

must be written in eight or fewer words.

c.

explains the purpose of your business and why it willsucceed.

d.

All of these statements about a business plan mission statementare correct.

1 points

QUESTION 7

Proposals are

a.

written offers to solve problems, provide services, or sellequipment.

b.

a critical means of selling equipment and services for manycompanies.

c.

solicited by both government agencies and privatebusinesses.

d.

all of these choices.

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Nestor Rutherford
Nestor RutherfordLv2
29 Sep 2019

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