Future Business Leaders of America (FBLA) Entrepreneurship Practice Test

Which benefit to the community should be addressed in the business plan?

1. Environmental Impact

2. Job Creation

3. Market Expansion

4. Profit Growth

The correct answer is: Job Creation

Job creation is an essential benefit to the community that should be addressed in a business plan. When a business starts and grows, it creates employment opportunities for local residents. This not only helps reduce unemployment rates but also enhances the economic stability of the community by providing individuals with income, benefits, and skills development. By focusing on job creation in the business plan, entrepreneurs demonstrate their commitment to contributing positively to the local economy and community welfare. It also appeals to potential investors, stakeholders, and customers who value socially responsible business practices. While other factors like environmental impact, market expansion, and profit growth are important for the sustainability and success of a business, they do not directly emphasize the immediate and tangible impact that job creation has on the community’s well-being and economic health.