Enterprise unit 7

GoodDay,
Unit 7:
Business planning


Created by: Giel, Brennon, Robin
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Slide 1: Slide
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This lesson contains 24 slides, with interactive quizzes and text slides.

Items in this lesson

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out of date/irrelevant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