Which of the Following Is Not a Standard Purpose or Function

question 30

Multiple Choice

Which of the following is not a standard purpose or function of a business plan?

• A) To identify the organisation's strategic plan or objectives
• B) To provide a detailed breakdown of how the organisation's strategy is to be achieved
• C) To provide a marketing plan to support the achievement of the organisation's strategic objectives
• D) To provide an operational plan to support the achievement of the organisation's strategic objectives
• E) To provide a financial plan to support the achievement of the organisation's strategic objectives

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Definitions:

Transformation Process

The series of actions taken to convert inputs (resources) into outputs (products or services) in business or manufacturing environments.

Feedback Loop

A feedback loop is a process in which the outcomes of a system are circled back and used as inputs for future actions, allowing for continual adjustment and improvement.

External Environment

The conditions, entities, events, and factors surrounding an organization that influence its activities and choices, such as economic conditions, competitors, and regulations.

Resource Inputs

The materials, labor, and capital that are invested into a system or process to produce goods or services.