Question

Which business plan section is being described? The organizational structure of the company should be included.

1) Organization and Management
2) Executive Summary
3) Business Description and Vision
4) Market Analysis

Answer 1

The section being described is Organization and Management. This section of a business plan includes information about the organizational structure of the company, outlining the roles and responsibilities of key personnel.

Step-by-step explanation:

The section being described is Organization and Management.

This section of a business plan includes information about the organizational structure of the company. It outlines the roles and responsibilities of key personnel, such as managers and executives, and describes how the company will be managed and operated.

For example, it may include details about the hierarchy of the organization, reporting lines, and decision-making processes. It can also include information about the ownership structure of the company, such as whether it is a sole proprietorship, partnership, or corporation.