What is one output of enterprise strategy formulation?
What is one output of enterprise strategy formulation?
OPTIONS
- Portfolio Budgets
- Portfolio Governance
- Portfolio Vision
- Portfolio Canvas
Answer:
Portfolio Budgets
Explanation:
One of the outputs of enterprise strategy formulation is a portfolio budget. Enterprise strategy formulation is the process of developing and defining the overall strategy and direction of an organization. This involves analyzing the organization’s strengths, weaknesses, opportunities, and threats, and determining the most effective ways to allocate resources to achieve the organization’s goals.
A portfolio budget is a financial plan that outlines the allocation of resources for a specific portfolio of projects or initiatives. The portfolio budget is an important tool for aligning the organization’s strategy with its financial resources, and for ensuring that the organization’s investments are aligned with its priorities. The budget helps to ensure that resources are allocated effectively to support the implementation of the organization’s strategy, and to measure the success of the strategy over time.
