Many of the outcomes from the first two phases of the strategic planning process,such as a determination of goals,competitor analysis,strategic opportunities,and risk analysis come together in a ________.
A) technology audit
B) SWOT plan
C) value proposition
D) business plan

Question

Quizplus · Accepted Answer

The outcomes from the first two phases of the strategic planning process are typically compiled into a business plan, which includes various elements such as goals, competitor analysis, strategic opportunities, risk analysis, and more. A business plan serves as a roadmap for the organization to achieve its objectives and outlines the strategies, tactics, and resources necessary to achieve success. A technology audit focuses specifically on an organization's technological infrastructure and capabilities, while a SWOT plan and a value proposition are components of a business plan but do not encompass all of its elements.

Many of the Outcomes from the First Two Phases of the Strategic