Foundations of Business - Standalone book (MindTap Course List)
Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN: 9781285193946
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
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Chapter 8, Problem 15CC
Summary Introduction

To determine: The objective of operational planning and the four steps that are used to accomplish this objective.

Introduction: An Operational Plan is a profoundly comprehensive plan that gives a reasonable picture of how a group, area or office will add to the accomplishment of the business's objectives. The operational arrangement maps out the everyday undertakings required to maintain a business.

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What is the difference between strategic business planning and sales and operations planning (SOP)? What are the major benefits of SOP?
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