PGA Level 1 Facility Management Questions
and Answers 100% Solved
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1. The process for developing a business plan starts before you establish the
goals you would like to achieve for the shop's coming year. (T / F): AnswerThis is true-There are 5 phases to the PGA business planning model ...
4. Assessing the current state of business is the most significant advantage
of strategic business planning. (T / F): False: The most significant advantage of
strategic business planning is that it provides long term vision, destination and
does
not focus on the current state of the business. (Bottom of page 3)
5. Who should provide direction for creating the business plan at a golf
operation?: Input from Key stakeholders is used to establish the facility's
purpose
and direction. (Page 5 under define the business)
6. What are the five phases of the PGA Business Planning Model?: Define
the business, Assess the current state of the business, Develop business goals,
objectives, and related strategies, Prepare financial forecasts and budgets,
Monitor
performance
, PGA Level 1 Facility Management Questions
and Answers 100% Solved
7. According to the Business Planning Model, a business plan should build on
and refine the operational plan. (T / F): True
8. What is the usual business destination for long-range planning?: Long range
plans are usually 3 to 5 year plans that identify a future "destination" for a
business.
(Page 4 second paragraph)
9. Proactive planning is one of the anticipated outcomes of strategic business
planning?: Yes, "Promoting proactive problem solving" This is a part of "strategic
business planning"
10. What is the most significant benefit of strategic business planning?: Defin-
ing the future and destination of a business is the most significant benefit. (Page
4,
2nd paragraph)
11. Clarification of job responsibilities is one of the added values provided by
, PGA Level 1 Facility Management Questions
and Answers 100% Solved
the strategic planning process? (T / F): False: The clarification is not included on
the strategic business planning list. (Page 3)
12. Business goals are typically developed in the Defining the Business phase
of the business planning process. (T / F): False: Define the business is in phase
one. Business goals developed in phase 3 called (Develop Business Goals, Objec-
tives, and Related Strategies).
13. Typically, a written set of core values is developed in the Defining the
Business phase of the business planning process. (T / F): True
14. Helping establish a starting point for goals, objectives, and related strate-
gies is an appropriate use of the SWOT analysis. (T / F): True
15. Financial forecasts should be based on historical data derived from a
linear trend analysis. (T / F): False: This means creating a financial forecast based
on projections of revenues, expenses, and net income.
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