Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
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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Explain what are the differences between strategic,Tactical and operational planning and provide an example for each ?
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. 1CECh. 7 - Prob. 2CECh. 7 - Prob. 3CECh. 7 - Prob. 4CECh. 7 - Prob. 5CECh. 7 - Prob. 1CTCh. 7 - Prob. 2CTCh. 7 - Prob. 3CTCh. 7 - Prob. 4CTCh. 7 - Prob. 1DCSCh. 7 - Prob. 2DCSCh. 7 - Prob. 3DCSCh. 7 - Prob. 4DCSCh. 7 - Prob. 5DCSCh. 7 - Prob. 1PPTCh. 7 - Prob. 2PPTCh. 7 - Prob. 3PPTCh. 7 - Prob. 1VCCh. 7 - Prob. 2VCCh. 7 - Prob. 3VC
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Similar questions
- What are the key advantages between a strategic and operational plan?arrow_forwardWhat are the advantages and limitations of different types of planning methods, such as scenario planning or contingency planning?arrow_forwardWhat are the different types of planning commonly employed in organizations, and how do they differ in their scope and time horizon?arrow_forward
- What are the differences between Strategic, Tactical, and Operational planning? Provide an example for each type to support your answer.arrow_forwardWhat are the benefits and limitations of short-term versus long-term planning approaches?arrow_forwardBy using different company’s example illustrate your understanding about Strategic plan, Tactical plan and Operational plan, and Contingency plan.arrow_forward
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