The _________ portion of your business plan should include a description of how the business will run administratively.

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Multiple Choice

The _________ portion of your business plan should include a description of how the business will run administratively.

Explanation:
Describing how the business will run administratively is addressed by the organizational plan because this section lays out who runs the business, who reports to whom, and how decisions and policies are managed day to day. It covers the management structure, roles and responsibilities, the organizational chart, and the processes that keep the company operating—such as reporting lines, governance, and internal controls. Understanding this framework helps readers see how authority is distributed, how information flows, and how administrative tasks (HR, compliance, workflows) are handled. In contrast, the marketing plan focuses on customers and promotion, the financial plan on funding and numbers, and the operational plan on the processes of producing goods or delivering services.

Describing how the business will run administratively is addressed by the organizational plan because this section lays out who runs the business, who reports to whom, and how decisions and policies are managed day to day. It covers the management structure, roles and responsibilities, the organizational chart, and the processes that keep the company operating—such as reporting lines, governance, and internal controls. Understanding this framework helps readers see how authority is distributed, how information flows, and how administrative tasks (HR, compliance, workflows) are handled. In contrast, the marketing plan focuses on customers and promotion, the financial plan on funding and numbers, and the operational plan on the processes of producing goods or delivering services.

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