Business Enterprise Simulation

Name: ___________________________ Score: ____________________

Grade: ___________________________ Date: _____________________

ENUMERATION TEST:
(1-4) SWOT ANALYSIS
1.
2.
3.
4.

(5-9) Porter’s Five Forces of Competitive Analysis

5.
6.
7.
8.
9.

(10-16) Seven key components of Business Plan

10.
11.
12.
13.
14.
15.
16.

(17-26) Seven key components of Business Plan

17.
18.
19.
20.
21.
22.
23.
24.
25.
26.

(27-31) Questions Every Business Plan Should Answer

27.
28.
29.
30.
31.

(31-35) What is Business Plan?

ENUMERATION TEST:
(1-4) SWOT ANALYSIS
1. Strength
2. Weaknesses
3. Opportunities
4. Threats

(5-9) Porter’s Five Forces of Competitive Analysis

5. Supplier Power
6. Buyer Power
7. Number of Competitors/ Competitive Rivalry
8. Possibility of Substitution
9. Possibility of New Entrants

(10-16) Seven key components of Business Plan

10. Executive summary
11. Business description
12. Market strategies
13. Competitive analysis
14. Design and development plan
15. Operations and management plan
16. Financial factors

(17-26) Seven key components of Business Plan

17. To help you with critical decisions
18. To iron out the kinks.
19. To avoid the big mistakes.
20. To prove the viability of the business.
21. To set better objectives and benchmarks.
22. To communicate objectives and benchmarks.
23. To provide a guide for service providers.
24. To secure financing
25. To better understand the broader landscape
26. To reduce risk

(27-31) Questions Every Business Plan Should Answer

27. Why are you in business?

28. What does the market look like?
29. What will you do?
30. How will you grow?
31. What do you need?

(31-35) What is Business Plan?

A business plan is a written description of your business's future. Entrepreneur Asia
Pacific (n.d.) defines is as a written document describing the nature of the business, the
sales and marketing strategy, and the financial background, and containing a projected
profit and loss statement.