BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Which of the following is true of the strategic vision of an organization? The process of translating broad strategic goals and plans into specific goals and plans relevant to a particular portion of the organization is known as: major targets that relate to the long-term survival of the organization.

Detailed explanation-2: -Tactical plans translate high-level strategic plans into specific plans for actions that need to be taken up and down the layers of an organization. They are short-range plans (usually spanning less than one year) that emphasize the current operations of various parts of the organization.

Detailed explanation-3: -Tactical Planning. Strategic planning lays out the long-term, broad goals that a business or individual wants to achieve. And tactical planning outlines the short-term steps and actions that should be taken to achieve the goals described in the strategic plan.

Detailed explanation-4: -Strategic planning is a process in which an organization’s leaders define their vision for the future and identify their organization’s goals and objectives. The process includes establishing the sequence in which those goals should be realized so that the organization can reach its stated vision.

Detailed explanation-5: -Operational planning, is also known as tactical or short-term planning, usually, covers one year or so. Operational planning involves the conversion of strategic plans into detailed and specific action plans.