GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Planning has three stages
A
Strategic, tactical & operational
B
Briefing, tactical & operational
C
Summary, tactical & operational
D
Appraisal, strategic & tactical
Explanation: 

Detailed explanation-1: -Three major types of plans can help managers achieve their organization’s goals: strategic, tactical, and operational. Operational plans lead to the achievement of tactical plans, which in turn lead to the attainment of strategic plans.

Detailed explanation-2: -Three Steps of the Planning Phase. The three steps of the planning phase include situation (SWOT) analysis, market-product focus and goal setting, and marketing program.

Detailed explanation-3: -Strategic management process consists of three stages: formulation; implementation and evaluation.

Detailed explanation-4: -The four main plans of business are strategic, tactical, operational and contingency. Strategic planning looks at the long-term issues of the organization, and helps develop a plan for growth or change of business function.

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