Management > EXAM > PGA Level 1 Facility Management | 100% Correct Answers | Verified | Latest 2024 Version (All)

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PGA Level 1 Facility Management | 100% Correct Answers | Verified | Latest 2024 Version

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The process for developing a business plan starts before you established the goals you would like to achieve for the shop's coming year, - ✔✔True Staff should be involved in effective business p... lanning to create a sense of ownership. - ✔✔True, Majors stakeholders and staff. Assessing the current state of business is the most significant advantage of strategic business planning. - ✔✔False. Most significant advantage is it provides a long term vision. Who should provide direction for creating the business plan at a golf operation? - ✔✔The people in charge. Pros, board members, and GM. Key stakeholders. 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 strategics. Prepare financial forecasts and budgets. Monitor performance According to the business planning model, a business plan should build on and refine the operational plan. - ✔✔False What is the usual business destination for long range planning. - ✔✔Usually a long term is 3-5 years. A part of this long-range plan is annual operating budget and cash flow statement.Proactive planning is one of the anticipated outcomes of strategic business planning. - ✔✔True [Show More]

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