Refer to the scenario given to answer the following questions.
E-Biz Dreams (Scenario)
Robert Lee has just completed a Bachelor of Computer Science degree at Carleton University. He now wants to begin a new Internet business selling his services as a website developer for companies in Ottawa. He estimates that within one year, if his business idea is a success, he will be employing five programmers and two analysts.
-To make his business successful, Robert will first have to develop a(n) __________ plan that establishes the company's overall goals and positions it in terms of its environment.
A) operational
B) specific
C) single-use
D) strategic
E) standing

Question

Quizplus · Accepted Answer

Robert will need a strategic plan that outlines his company's goals and objectives, identifies his target market, analyzes the competition, and establishes a clear plan of action for achieving success. This plan will help guide his decision-making and ensure that his business is properly positioned in the market. Operational and specific plans are more focused on day-to-day operations and specific projects, while single-use and standing plans are designed for one-time or ongoing situations, respectively.

Refer to the Scenario Given to Answer the Following Questions