Williamson is the owner of a small company that sells corporate gifts through an online store. Business has slowed down in recent months and he realizes that the organization must move in a different direction if it is to survive. He has reset some of the company's overall goals and wants to develop a plan to achieve those goals. He is anticipating the business environment to be volatile for the next few years. Considering the above information, it can be determined that his plan must be ________, ________, and ________.

Question

Quizplus · Accepted Answer

Williamson is anticipating a volatile business environment, which indicates that a strategic plan is necessary. The fact that he has reset the company's overall goals also highlights the need for a directional plan. However, given the uncertainty of the business environment, the plan must also be flexible to adapt to changing circumstances. Therefore, the best choice is a strategic, directional, and flexible plan, which is represented by option D. Options A and C are not appropriate because they either miss the need for flexibility or are too rigid. Option B is also not suitable as it suggests an informal and unwritten plan, which is not desirable for a business facing uncertainty and change.

Williamson Is the Owner of a Small Company That Sells