Which one of the following sentences about the differences between strategic planning and tactical planning is true? OA. Tactical plans cover a relatively long period of time whereas strategic plans cover a relatively short period of time. B. Facts on which to base tactical plans are usually more difficult to gather than are facts on which to base strategic plans. OC. Strategic planning emphasizes analyzing the future and tactical planning emphasizes analyzing the everyday functioning of the organiz OD. Tactical plans are generally less detailed than strategic plans. OE. Tactical plans are usually developed by upper-level management and strategic plans by lower-level management.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Which one of the following sentences about the differences between strategic planning and tactical planning is true?

OA. Tactical plans cover a relatively long period of time whereas strategic plans cover a relatively short period of time.

B. Facts on which to base tactical plans are usually more difficult to gather than are facts on which to base strategic plans.

OC. Strategic planning emphasizes analyzing the future and tactical planning emphasizes analyzing the everyday functioning of the organiz

OD. Tactical plans are generally less detailed than strategic plans.

OE. Tactical plans are usually developed by upper-level management and strategic plans by lower-level management.

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Planning
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education