Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Question
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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Students have asked these similar questions
What are the different levels of planning in an organization, including strategic, tactical, and operational planning, and how do they interact with each other?
How do you compare, strategic, tactical and operational planing?
How do strategic, tactical and operational planning differ? Provide an illustration to help your response for each type.
Chapter 7 Solutions
Understanding Business
Ch. 7.1 - Prob. 7.1AQCh. 7.2 - Prob. 7.2AQCh. 7.2 - Prob. 1TPCh. 7.2 - Prob. 2TPCh. 7.2 - Prob. 3TPCh. 7.3 - Prob. 7.3AQCh. 7.3 - Prob. 4TPCh. 7.3 - Prob. 5TPCh. 7.3 - Prob. 6TPCh. 7.3 - Prob. 7TP
Ch. 7.5 - Prob. 7.5AQCh. 7.5 - Prob. 7.5BQCh. 7.5 - Prob. 7.5CQCh. 7.5 - Prob. 1MEDCh. 7.6 - Prob. 7.6AQCh. 7.6 - Prob. 8TPCh. 7.6 - Prob. 9TPCh. 7.6 - Prob. 10TPCh. 7 - Prob. 1CTCh. 7 - Prob. 2CTCh. 7 - Prob. 3CTCh. 7 - Prob. 4CTCh. 7 - Prob. 1DWSCh. 7 - Prob. 2DWSCh. 7 - Prob. 3DWSCh. 7 - Prob. 4DWSCh. 7 - Prob. 5DWSCh. 7 - Prob. 1TITCh. 7 - Prob. 2TITCh. 7 - Prob. 3TITCh. 7 - Prob. 1VCCh. 7 - Prob. 2VCCh. 7 - Prob. 3VC
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Similar questions
- What is the difference between goal, domain, and hybrid planning?arrow_forwardWhat are the most important factors to consider when developing and implementing a strategic plan for an organization, and how can these factors be balanced against each other?arrow_forwardWhy is it important for organizations to have a clearly defined mission?arrow_forward
- What are the key advantages between a strategic and operational plan?arrow_forwardWhat are the different types of planning commonly employed in organizations, and how do they differ in their scope and time horizon?arrow_forwardHow does planning contribute to the coordination and integration of different functions within an organization?arrow_forward
- How do a strategic plan, a tactical plan, and an operational plan differ? What do they all have in common?arrow_forwardHow can an operational plan assists in achieving the strategic objectives of an organization?arrow_forwardWhat are the potential barriers and challenges to effective planning, and how can they be overcome?arrow_forward
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