GK
BUSINESS MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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setting monthly production levels
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developing a department budget
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watching Netflix
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planning inventory levels
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Detailed explanation-1: -Other operational planning examples in management include mapping business or production output to meet other new goals, planning for new or expanded solutions, sales and operational planning, providing a roadmap or increased clarity surrounding business goals, or creating a strategy for increased business partnership.
Detailed explanation-2: -Operational plan examples Example 1: Jane owns a marketing business and is looking to grow her company by 25% over the next two years by working with more clients. To meet this target, she creates an operational plan: Goal: 25% increase in business growth, measured in revenue. Timeline: Two years.
Detailed explanation-3: -Whatever operation needs a solid plan, there are five major components to focus on: Preparation, marketing, logistics, human resources (HR) and financial limits.
Detailed explanation-4: -The four main plans are strategic, tactical, operational, and contingency. 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.