The table contains the characteristics of different types of organizational plans. Use your knowledge of organizational plans to answer the questionsabout the table.CharacteristicSet byTime frameFocusScopeO ABWhich column best describes the characteristics associated with strategic plans?StrategicTacticalGiven your knowledge of organizational plans, which type of plan is described in column B?OperationalABoard of directors, top managementLong-rangeSources of competitive advantageGeneralBStrategicTacticalUpper, middle managementIntermediateStrategic business unitsSomewhat specificOperationalGiven your knowledge of organizational plans, which type of plan is described in column C?сMiddle, lower-level managersShort-rangeDepartmental activitiesSpecific and concrete

Strategic planning is a long-term planning process which is develop by top-level management, board…

Answered: The table contains the characteristics…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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The intricate tapestry of a planning case study extends beyond the confines of a singular project or initiative, reaching into the broader spectrum of organizational culture and leadership dynamics. These studies often delve into the role of leadership in shaping and executing plans, examining how effective communication, collaboration, and decision-making at the top echelons influence the success of strategic endeavors. Moreover, planning case studies shed light on the alignment of organizational goals with the external environment, emphasizing the need for situational awareness and responsiveness. They underscore the importance of cultivating a culture of innovation and adaptability within an organization, as well as fostering a collective commitment to the strategic vision. In essence, a planning case study is not merely a retrospective analysis but a forward-looking compass that guides organizations toward a future where agility, resilience, and strategic acumen are paramount. How…
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