Understanding Business
Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Chapter 7.3, Problem 6TP
Summary Introduction

To determine: The difference among strategic, tactical, and operational planning.

Introduction:

Strategic plans refers to the long term plans made to achieve the goals, tactical plans refers to the short term plans based on the strategies of the company, and operational plans refers to the planning regarding work standards and schedules in order to accomplish tactical plans.

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This question is regarding business negotiation BUS356 in SUSS.  The case below is extracted from Harvard Business Review Case Study “Move Fast,but without Bias: Ethical AI Development in a Start-up Culture”.  It is important to support your answers with specific examples based on thescenario given in the case study below to demonstrate your understanding andapplication of the relevant concepts. You may make reasonable assumptions, aspart of your analysis. Answers must be supported with theoretical models and concepts from therecommended textbook, Lewicki, R. J., Saunders, D. M. & Barry, B. (2021). Essentialsof Negotiation (7th ed). New York: McGraw-Hill International Edition and coursematerials. Please provide useful links and citations for learning purposes.
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