Business Plan QuizOnline version Test your knowledge on the importance of business plans with this quiz game! by Normala Mohamad 1 What is the main purpose of a business plan? a To design a logo b To track employee performance c To outline the goals and strategies of a business d To create a marketing campaign 2 Why is a business plan important for securing funding? a It includes colorful graphs and charts b It demonstrates a clear path to profitability c It lists the CEO's favorite hobbies d It showcases the company's social media presence 3 What section of a business plan typically includes market analysis? a Product development b Employee training c Market research d Financial projections 4 Which of the following is NOT a benefit of having a business plan? a Setting clear objectives b Guaranteed success c Attracting investors d Identifying potential challenges 5 Who is typically the audience for a business plan? a Random strangers b Investors, lenders, and stakeholders c Competitors d Pets