Which of the following is a road map indicating the direction of systems development, the rationale, the current situation, new developments to consider, the management strategy, the implementation plan and the budget? a. Request for proposal b. Strategic plan c. Information systems plan d. Project plan

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Which of the following is a road map indicating the direction of systems development, the rationale, the current situation, new developments to consider, the management strategy, the implementation plan and the budget?

a.

Request for proposal

b.

Strategic plan

c.

Information systems plan

d.

Project plan

Expert Solution
Step 1: Introduction

Organizations function in a business environment that keeps on changing. The factors in the environment are volatile and it is important for organizations to take into consideration such factors so that appropriate strategies can be developed in order to deal with the changes. The organization should formulate plans so that these plans can lay down the foundation for dealing with uncertainties and changing dynamics. Nowadays, it is very difficult to manage business strategy, budgeting, new competitors, the current situation. To cope up with this problem, it is necessary to develop system plan to manage all these things in an efficient manner.

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