GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Strategic, tactical & operational
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Briefing, tactical & operational
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Summary, tactical & operational
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Appraisal, strategic & tactical
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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.