Business Planning Flashcards
What is SWOT analysis
Used to analyse the strengths, weaknesses, opportunities and threats of a business
What is PEST analysis
A structured method of analysing key factors influencing the market
- Political
- Economical
- Environmental
- Socio-demographical
- Technological
What is a business plan?
A formal statement of the business goals including why they think they are attainable and a plan of reaching the goal
What are the types of business plan?
- Strategic
- Operational
- Departmental
- Cooperate
What are the different elements of a business plan?
- Executive Summary
- Products and services
- Market Analysis
- Market Strategy
- Financial Planning
- Budget
How do you think a business plan contributes to a businesses goals?
- To set a direction for the business
- Set set targets for the business
- For budget purposes
How do you contribute to your company goals?
- I strive to achieve excellence in my work
- Share knowledge with my team
- Upskill junior surveyors
Would you be able to interpret your company accounts?
- I can understand them at a high level but would always seek further guidance from my accounts department
What is your companies business strategy?
- To collaborate effectively to create profitable, sustainable growth through the business
What are your companies 6 C’s
- Care for our people and projects
- Challenge yourself and others
- Certainty of programme
- Cost awareness
- Communicate with the team
- Campaign against rework
What is shown on an organisational chart?
An organizational chart shows the internal structure of an organization or company
