test

1. Name:______________________________ Date:_____________
Year & Section:_______________________ Rate:________
TOPIC: STRATEGIC PLANNING FOR SMALL BUSINESS.
Activity 1:
A. Identification: Please write your answer in the space provided before the number.
______________1. Term refers to the process of determining the primary objectives of the
entrepreneurship.
______________2. This term refers to the basic description of the fundamental nature,
rationale, and direction of the firm.
______________3. This term refers to the specific performance target that the
entrepreneurship hope to accomplish.
______________4. The firm that is fully aware of it’s internal and external environment.
______________5. This term refers to the one that will be operated for the first time.
B. Enumeration: 6 to 9 What are the 4 stages of strategic planning?
6.
7.
8.
9.
10 to 13 What is SWOT stands for?
10.
11.
12.
13.

2. C. True or False: Which of the statement below are the supporting facts about strategic
planning? Kindly write your answer in the space provided before the number.
________________14.Adopting course of action and allocating resource to achieve objectives.
________________15.It provides direction and action plan.
________________16.Identify trends and opportunities.
________________17.It provides framework for decision making.
________________18.Competetive disadvantage.
________________19.Planning does not requires time.
________________20.It doesn’t define accountabilities and improved communication.
D. Multiple choice: Please encircle the letter of the correct answer.
1. The things your company lack’s and unclear unique selling position.
a. weaknesses c. failure
b. disadvantage d. none of the above
2. These are the supplementary tools for SWOT analysis.
a. Forecast of the future performance.
b. SWOT analysis.
c. Strategic planning.
d. Adoption of course of action.
3. This is the environment that confront or will confront the firm.
a. SWOT analysis c. internal environment
b. external environment d. course of action
4. It is the best way to use resources.
a. identifying specific method c. resources
b. strategies d. none of the above

3. 5. It is the specific aim of planning.
a. Deploying the resources
b. To be able to deploy the right quality and quantity of resources
c. Objectives
d. Nonhuman elements
6. This term refers to one that will be operated for the first time.
a. old business c. existing business
b. Buy a franchise d. none of the above
7. Why small business operators ignore strategic planning?
a. Lack of expertise c. Uncontrollable, often intangible variable
b. Inability to get started d. all of them
8. In what stage of strategic planning “data collection” belongs to?
a. Preparation and data analysis
b. Strategy development
c. Track progress toward goals
d. Plan formation and goal setting
9. All of the statement below belongs to importance of strategy except one.
a. Allocation of resource
b. Competitive advantage
c. Framework for decision making
d. Pres media coverage
10. It answers the pivotal question.
a. mission statement c. SWOT analysis
b. strategic planning d. all of the above
“GOOD LUCK AND GOD BLESS YOU”