810-440 · Question #157
Which option has a broad-reaching effect on buying organizations?
The correct answer is C. corporate plan. A corporate plan, also known as a strategic plan, outlines the overall direction and objectives for an entire organization, thus having a broad-reaching effect on all its parts.
Question
Which option has a broad-reaching effect on buying organizations?
Options
- Atechnology plan
- Bbusiness unit projects
- Ccorporate plan
- Doperating processes
How the community answered
(46 responses)- A4% (2)
- B7% (3)
- C87% (40)
- D2% (1)
Why each option
A corporate plan, also known as a strategic plan, outlines the overall direction and objectives for an entire organization, thus having a broad-reaching effect on all its parts.
A technology plan focuses specifically on IT infrastructure and applications, impacting specific technical areas rather than the entire organization broadly.
Business unit projects are confined to the scope and objectives of a particular business unit, having a limited reach compared to an organization-wide plan.
A corporate plan sets the overarching strategic direction and objectives for an entire organization, influencing all departments, business units, and functions. This top-level plan dictates major investments, resource allocations, and operational frameworks, thereby having a broad-reaching effect on the buying organization's decisions and activities.
Operating processes define how day-to-day tasks are performed within specific functions or departments, affecting operational efficiency but not necessarily the strategic direction of the entire organization.
Concept tested: Organizational strategic planning scope
Topics
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