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True or False
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1
The balance shown in the cash flow is the profit made by the business.
A)True
B)False
2
Capital introduced is shown in the forecast P&L account
A)True
B)False
3
Postal surveys usually produce reliable data.
A)True
B)False
4
Interview data is likely to yield qualitative data.
A)True
B)False
5
Focus groups yield synergy and may have additional data than a series of single interviews
A)True
B)False
6
A Feasibility Study is the research stage of business planning
A)True
B)False
7
After completing the business plan and starting a business there is no need for it any longer
A)True
B)False
8
A SWOT analysis determines the strategy used in the business plan
A)True
B)False
9
Critical success factors identify key and crucial issues for the development and sustainability of the business
A)True
B)False
10
An established business does not need to engage in business planning
A)True
B)False







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