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Enterprise unit 7
GoodDay,
Unit 7:
Business planning
Created by:
Giel
,
Brennon
,
Robin
1 / 24
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GoodDay,
Unit 7:
Business planning
Created by:
Giel
,
Brennon
,
Robin
Slide 1 - Slide
In your own words, describe what a business plan means
Slide 2 - Open question
Business plan
A document that summarizes the main objectives of an enterprise and how these objectives are to be achieved
Slide 3 - Slide
Why is a business plan important?
clear idea
how to operate
minimise risks
organise
Slide 4 - Slide
What should a business plan include?
The enterprise
The product
Market
Personnel
Production
Equipment
Finance
Slide 5 - Slide
What objective is NOT a business objective
A
Profit
B
Quality
C
Survival
D
Growth
Slide 6 - Quiz
Business objectives
Profit
Growth
Survival
Sales revenue
Satisficing
Environmental
Ethical
Slide 7 - Slide
A business plan is only important when starting up your company
A
True
B
False
Slide 8 - Quiz
Why you should update it.
incorporate changes, handel better
economic circumstances (product an demand)
growth in market (competition)
out of date/irrelevant
Slide 9 - Slide
Difference between a business and action plan
Business plan:
summarises the main objectives
How to achieve
Action plan:
monitoring progress
Outlines the steps
Slide 10 - Slide
What keyword describes this picture best?
A
Survival
B
Growth
C
Profit
D
Cash flow
Slide 11 - Quiz
What's the difference between a short term and a long term period?
Slide 12 - Open question
Why might laws be useful for a company?
Slide 13 - Open question
Keyword round
Slide 14 - Slide
What's the definition of "profit"
A
"The financial gain an enterprise makes when its sales revenue is higher than its total costs"
B
"A sum of money that is owed by a person or organization"
C
"All incomings received from different sources over a specific period of time"
D
"Keeping income instead of spending it"
Slide 15 - Quiz
What's the entrepreneurial definition of "Growth"
A
"The sales revenue of an enterprise less the cost of sales"
B
"the process of increasing in height"
C
"The increase in income after substracting the rate of inflation"
D
"The increase in size of an enterprise through internal and/or external expansion"
Slide 16 - Quiz
Describe the term "Copyright" in your own words
Slide 17 - Open question
Which definition describes "Patent" the best?
A
"An item that is essential for survival"
B
"Where responsibility is passed down to others in an enterprise"
C
"Being able to accept/tolerate delays, problems, or suffering without getting annoyed/anxious"
D
"A grand of ownership rights to a person or an enterprise in relation to the invention of a new product or manufacturing process"
Slide 18 - Quiz
What's more important?
Growing your enterprise
Making profit
Satisficing consumers
Slide 19 - Poll
What are the 7 business objectives?
Slide 20 - Mind map
Define the term "Business plan"
(:<
Slide 21 - Open question
That's about it.
Slide 22 - Slide
You're the CEO of a chocolate factory. Create a small business plan including all 7 points
timer
2:30
Extra
1. Enterprise (name, type)
2. Product (goods, services)
3. The market (any competition?)
4. Personnel (staff and skills needed)
5. Production (cost and method)
6. Equipment (where/what is needed)
7. EXTRA: Finance (profit, money borrowed?)
Slide 23 - Open question
Thats about it 2
Slide 24 - Slide