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PGA PGM 3.0 Level 1 Test written exam questions and answers Latest Updated
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PGA PGM 3.0 Level 1 Test written exam questions andanswers
PGA PGM 3.0 Level 1 Test written exam questions
and answers
The Process for developing a business plan starts before you establish the
goals you would like to achieve for the shops coming year - True
Who should provide direction for creating the business plan at a Golf
Operation - Key Stakeholders
According to the business planning Model, a business plan should build on
and refine the operation plan - False
Long - Range Planning should initially assume an adversarial relationship
between neighboring facilities that directly compete with each other. - True
What is the usual business destination for long range planning? - 3-5 years
Achieve its vision
what is the most significant benefit of strategic business Planning. - Provide
a long term vision & Destination
Helping Establish a starting point for goals, Objectives, and related
strategies is an appropriate use of a SWOT analysis. - True
You are in the process of completing a business plan for the golf shop. Initial
forecast of sales, expenses, and profit have been made. Past data has been
analyzed and important inside and outside factors have been identified.
What is the next step to be taken towards completing the plan? - Monitor
Performance
A Golf Professional is purchasing a golf course. The business plan he
presented to his banker included his history of operating successfully
operating similar facilities, budget projections for the first five years under
his management, and objectives and strategies for reaching his goals. The
banker rejected the loan application because of missing information. What
important element is missing from the business plan? - Current state of the
business
The SWOT analysis would treat opportunities are threats as factors that
usually can be controlled by the facility. - False
The Result of a SWOT analysis could be sufficient justification for the
,PGA PGM 3.0 Level 1 Test written exam questions and
answers
abandonment of a core business function - True
,PGA PGM 3.0 Level 1 Test written exam questions and
answers
Staff evaluation are a relevant data source for a SWOT analysis - True
How might revenues be affected at a nearby daily fee course if the local tire
plant has major layoffs - Go Down (decrease)
Lack of a mission statement is an example of a weakness that a SWOT
analysis might disclose - True
Trends in local consumer spending would be most useful for evaluating a
core business function - True
What should govern the decision to pursue an opportunity? - Finances -
Barriers to entry - recourses - opportunity cost
Goals, Objectives & strategies -
Consider the following the statement as part of the a business plan:
"improve range profits and customer satisfaction." According to the
business planning course, this statement is an example of an objective. -
True
The new manager of a ten - year - old private course currently doing an
average of 5, 000 tournament rounds per year, proposes to increase
tournament rounds by 50% by the end of the next year. This proposal
meets the criteria for an effective business objective as presented in the
business planning course manual. - True
"Develop and promote group lesson programs aimed at a women and
Juniors" is an example of an effective business objectives. - False
What Important Characteristic is missing in the business Objectives.
"Increase pro shop sales next year?" - Measurables; How are you going to
measure
Which Characteristics of goals and objectives is described as capable of
being observed, recorded, and measure. - Quantifiable
What is functionally significant difference between goals and objectives?
- goal few clearly defined targets objectives of how we get the goal.
A facilities financial objectives could achieved through operational
strategies alone. - False
The Following agenda was part of a golf range business plan."175 dozen
range balls and rotate usage three times a year. Who: Head Professional.
When: End of First Quarter. Cost: $1500" According to the business plan
, PGA PGM 3.0 Level 1 Test written exam questions and
answers
component represented by this statement? - .......
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