In the planning process, what is the role of tactical goals and plans? Links strategy and operations O Sets company direction Sets purpose of business O Guides day to day activities
In the planning process, what is the role of tactical goals and plans? Links strategy and operations O Sets company direction Sets purpose of business O Guides day to day activities
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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O Links strategy and operations
Sets company direction
Sets purpose of business
Guides day to day activities"
Transcribed Image Text:In the planning process, what is the role of tactical goals and plans?
O Links strategy and operations
Sets company direction
Sets purpose of business
Guides day to day activities
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Introduction
Setting goals and figuring out a plan of action to reach those goals is the responsibility of planning, a management function. It is necessary for managers to foresee future situations and be conscious of current environmental factors affecting their firm. It includes forecasting methods being used to forecasts. The procedure of organizing thoughts into doable stages is called planning.
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