Organizational portfolio plan, the final phase of the strategic planning process, involves?

a. identifying strategic business units (sbus) and establishing methods to determine how resources should be allocated among the various sbus.

b. designing marketing mix strategies

c. setting organizational objectives

d. creating organizational strategies

Question

Business

Mikayla Lawson

28 October, 00:44

Organizational portfolio plan, the final phase of the strategic planning process, involves?

a. identifying strategic business units (sbus) and establishing methods to determine how resources should be allocated among the various sbus.

b. designing marketing mix strategies

c. setting organizational objectives

d. creating organizational strategies

+5

Answers (1)

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Angeline Ellison · Answer 1

The main purpose of organizational portfolio plan is to ensure that the high-level strategy that the organization is implementing translated to an actual workable plan that is measurable and specific enough to be executed by the relevant business functions responsible.

A gap between strategy and executed plans are a very common business problem to encounter in various industries. Thus, the best answer for the question is (A) identifying strategic business units (sbus) and establishing methods to determine how resources should be allocated among the various sbus.