BUSINESS ADMINISTRATION
MANAGEMENT INFORMATION SYSTEM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Long-term, short-term
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Broad, Specific
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Operational, Specific
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Individualistic, Company-wide
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Detailed explanation-1: -You’ll likely use two types of operational plans: single-use and standing. A single-use plan is an operational plan relates to a particular project, and it’s discarded once the project is complete.
Detailed explanation-2: -Plans are classified into two types known as Multi-use Plans and Single-use Plans. Other names are standing plans or repeated use plans. They are used repeatedly in situations of a similar nature. They are also used for problems of repetitive nature.
Detailed explanation-3: -Operational planning focusses on achieving objectives and carrying out short term activities. It corresponds to the annual work plan. It explains how a strategic plan will be put into operation during a given operational period. Was this answer helpful?
Detailed explanation-4: -There are four phases of a proper organizational plan: strategic, tactical, operational, and contingency. Each phase of planning is a subset of the prior, with strategic planning being the foremost.