It'll work, but there are much better choices. Try slicing an onion or cleaning a fish with a bayonet and you'll quickly discover their limitations.
Most 'survival' tasks seem to involve cutting wood; making fuzz sticks for a fire, putting points and notches on larger sticks to build shelters and cooking stands, maybe using the knife in combination with a baton to split wood into wedges. Add to that the usual knife stuff such as cutting rope, regular cooking chores, and opening packages, and you've got a good idea of what you'll need a knife to do.
Any good, single-edge camp knife would probably work fine; a ten-dollar Mora is pretty hard to beat if cost is a factor. Get a folding shovel, and a saw or a pack axe (saws are much safer) to manage the heavy work and you'll find that a smallish knife, maybe with a three inch blade, will be much handier and much more comfortable for handling most of the remaining tasks.
A brightly-colored handle and a trustworthy sheath will reduce the chances of loss. A sharpener is a good idea, too.