Question: Subject - Develop and implement a business plan Question 1 What are two ways of determining that your SMART Goals have been achieved? Question 2

Subject - Develop and implement a business plan

Question 1

What are two ways of determining that your SMART Goals have been achieved?

Question 2

How do Vision, Mission and Values guide strategic direction?

Question 3

Why do you need to identify internal and external stakeholders?

Question 4

Why should you research market requirements for a product or service?

Question 5

Why is stakeholder consultation important?

Question 6

What role do Financial Resources play in a business?

Question 7

What is the role of Fair-Trading Laws?

Question 8

What are the seven sections that should be included in a business plan?

Question 9

What are five tips that could be used to ensure that effective communication of your business plan occurs?

Question 10

What are two methods of creating a skilled workforce?

Question 11

What are four tools that are used in Business Performance Measures?

Question 12

What role do financial statements play in running a business?

Question 13

What are three financial tools that you could use to measure business performance?

Question 14

What are five reasons for product failure?

Question 15

What are three examples of terms used when discussing Performance Indicators?

Question 16

What are four tips for managing poor performance?

Question 17

What is the 5-S technique in Continuous Improvement?

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