EXECUTION AND BUSINESS PLAN Flashcards
(6 cards)
1
Q
TYPE OF BUSINESS PLAN (Based in the Audience)
A
- Internal
- External
2
Q
Types of business plan based on Scope
A
- Standard
- Lean
3
Q
Types of business plan based on purpose and format
A
- One page
- Startup
- Strategic
- Feasibility
- Operational
- Growth
4
Q
PROCESS OF A BUSINESS PLAN
A
1) Gather the right data
2) Outline the plan.
3) Determine what kind of plan.
4) Designate responsibilities.
5
Q
Enumerate the parts of a standard business plan
A
- Executive Summary
- Company Description
- Market Analysis
- Products or Services
- Marketing and Sales Strategy
- Operations and Management
- Financial Plan
- Appendix
6
Q
Differentiate Business plan to Execution Plan.
A
Business plan is an overview of the business and its market; while an execution plan is an outline of specific steps to achieve the objective in the business plan.
