Question detail

FreshFork serves online shoppers while training staff; the case evidence includes customer retention of ?2,560, sales of 780 units, and a 21% change in costs or demand. Which option best applies Identify the main sections of a business plan?

Try the question, check the answer, then read the explanation to understand the curriculum point.

At a glance

MCQ

Type

practice

Style

Topic

Business planning

Question

  1. A. Use business plan to judge capacity utilisation, managers impact, and the business objective in Purpose and sections of business planning.
  2. B. Give only a definition of Business planning without using the case evidence.
  3. C. Treat internal and external finance as identical and ignore the effect on managers.
  4. D. Choose the largest sales figure without checking costs, finance, or context.

Answer

The correct option is: Use business plan to judge capacity utilisation, managers impact, and the business objective in Purpose and sections of business planning.

Explanation

The option is correct because Use business plan to judge capacity utilisation, managers impact, and the business objective in Purpose and sections of business planning. The case evidence gives ?4,060, 780 units, and 21%, so the answer must explain the commercial effect rather than repeat a definition. The distractors are weaker because they confuse internal and external finance, miss the managers, or ignore the business objective.

Common mistake

Purpose and sections of business planning common mistake 1

Giving a vague answer instead of directly addressing: Identify the main sections of a business plan..

Answer by clearly explaining how to identify the main sections of a business plan..

Related flashcards

Flashcard 1 of 5

Press Space to flip, arrows to move

Related practice questions

Question 1 of 5

Choose an answer, get feedback, then move sideways through the set.

0 of 4 attempted
recall MCQ 5: the main sections of a business… | Business planning… | ExamCompanion