E- Biz Dreams (Scenario)
Raja has just completed a Master of Science degree in computer science at Major University. He now wants to begin a new internet business selling his services as a website maker for companies in his home city. He estimates that, if his business idea is a success, within one year he will be employing at a minimum 10 programmers and 2 analysts.
-To make his business successful, Raja will first have to develop what type of plan?
A) Operational
B) Strategic
C) Directional
D) Specific

Question

Quizplus · Accepted Answer

A strategic plan would be necessary in order for Raja to develop a long-term vision and set goals for the growth of his business, including expanding his team. Operational plans focus on day-to-day tasks and specific actions, while directional plans typically provide general guidance without specific objectives. A specific plan may be needed for certain tasks, but it is not the best choice for overall business growth and success.