Question: Question 1 1 pts A business plan is like a roadmap for your business. It enables you to plan out the future of the business








Question 1 1 pts A business plan is like a roadmap for your business. It enables you to plan out the future of the business and helps to avoid any bumps in the road. From the choices below identify all the correct ways in which a business plan can assist your business. O Determine and set out goals O Assist in gaining funding O Provide shortcuts so you can work less O Uncover any potential issues O To measure the progress of your business O Provide clarity about the business O To help avoid bringing in new partnersQuestion 7 1 pts You will need to review the market requirements to see whether they are still relevant or if anything has changed that you need to be aware of. Consider you have been given the task of analysing the information of a marketing requirement document. From this you need to determine any changes or developments that should be considered. From the choices below identify all the questions you may ask yourself as you analyse this information. O Are there any new competitors? O Are the marketing strategies appropriate? O Is the marketing team working to optimum capacity? O Is there a new section of the market we can target? O Are there any new products or services similar to ours?Question 11 1 pts Consider you now have large amounts of information for your business requirements analysis. So you might want to categorise the information to help with the analysis. You may group information into categories such as: . Functional requirements . Operational requirements . Technical requirements . Transitional requirements From the choices below match the correct description to the corresponding category listed above. How the product or service should work [ Choose ] What needs to be carried out to keep the product or service [ Choose ] v functioning What requirements are needed to develop and implement the [ Choose ] v product or service The steps that detail how the product or service will be [ Choose ] V implementedQuestion 15 1 pts Once you have gathered all of the necessary information, you will be able to develop and write the business plan. There are no fixed rules about what a business plan should include or how much detail it should go into. From the choices below identify all the correct elements you would include in the structure of your business plan. O Business description O Employee details O Market research O Client data base O Financial information O Operating strategy
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