700-270 · Question #34
What are three important components of a business plan? (Choose three.)
The correct answer is B. design of the technical solution, Bill of Materials C. impact on business, key performance indicators E. value creation. A solid business plan must define what you're building (technical solution and Bill of Materials, B), why it matters (value creation, E), and how success is measured (business impact and KPIs, C). Together, these three elements establish the proposal, justify it, and make it acco
Question
What are three important components of a business plan? (Choose three.)
Options
- Aimplementation plan
- Bdesign of the technical solution, Bill of Materials
- Cimpact on business, key performance indicators
- Dupdated security policy
- Evalue creation
How the community answered
(16 responses)- A6% (1)
- B88% (14)
- D6% (1)
Explanation
A solid business plan must define what you're building (technical solution and Bill of Materials, B), why it matters (value creation, E), and how success is measured (business impact and KPIs, C). Together, these three elements establish the proposal, justify it, and make it accountable - the core of any credible business plan.
Why the distractors are wrong:
- A (implementation plan): This is a project management artifact that details execution steps - it belongs after the business plan is approved, not within it.
- D (updated security policy): A security policy is an IT governance/compliance document, entirely separate from a business plan's strategic and financial content.
Memory tip: Think VIM - Value creation (why we exist), Impact/KPIs (how we measure it), Materials/technical design (what we're actually building). A business plan must answer Why, How measured, and What - in that logical order.
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