Entrepreneurship and Small Business (ESB) Certification Practice Exam

In which section of a business plan would you find roles that have not yet been filled?

1. Financial plan

2. Marketing plan

3. Executive summary

4. Organizational structure

The correct answer is: Organizational structure

The organizational structure section of a business plan outlines the hierarchy and specific roles within the company. This part of the plan details the various positions that are necessary for the operation of the business and often highlights any key roles that have not yet been filled. By discussing the organizational structure, this section provides insight into the staffing needs, any gaps in personnel, and how these roles will contribute to the overall success of the business. It acts as a blueprint for the workforce and clarifies the positions that are critical to the business's functioning, making it clear which roles still require candidates or definitions. The other sections, such as the financial plan and marketing plan, focus more on budgets, forecasts, and marketing strategies rather than the specifics of team composition. The executive summary provides an overview of the business plan as a whole but does not delve into the details of individual roles and responsibilities within the organization. Thus, organizational structure is the most appropriate section to find information about unfilled roles.