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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

What is the objective of operational planning? What four steps are used to accomplish this objective?

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.

Explanation

The objectives of operational planning are as follows:

The goal of operational planning is to settle on the measure of goods or services that every production plant will create amid a particular timeframe...

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