BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Tactical plans tend to have a short time frame, typically one year or less. This allows them to be more responsive to changing conditions than long-range strategies. However, this also makes them susceptible to change in the circumstances. A tactical plan usually focuses on a single area of activity.

Detailed explanation-2: -Lower-level managers have a better understanding of the day-to-day operations, and they are usually the ones responsible for tactical planning.

Detailed explanation-3: -In the tactical phase, the business is responding to immediate realities. For example, a business seeking a contract against other competitors must build a proposal using a tactical advantage.

Detailed explanation-4: -Which Statement is TRUE regarding tactical plans? Tactical plans should be periodically reviewed and updated. Tactical plans are long-terms plans and should remain firm in their purpose.