BUISENESS MANAGEMENT
BUSINESS PLANNING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Operational goals
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Tactical goals
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Strategic goals
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All of above
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Detailed explanation-1: -Operational planning is the process of turning your strategic plan into a detailed map that outlines exactly what action your team will take on a weekly, or sometimes even daily, basis.
Detailed explanation-2: -What are different types of Operational plans of a business? To fully understand how Operational Plans of a Business work and run, the first step is to look at the overall planning process within a business. There are 3 levels of planning which include the strategic plan, tactical plan and operational plan.
Detailed explanation-3: -Effective strategic planning is a process that should be broken down into three separate, equally important components: strategic thinking, long-range planning, and operational planning.
Detailed explanation-4: -Operational goals, or tactical objectives, are the steps that an organization’s staff might take to achieve a strategic goal. Every strategic goal features multiple operational goals that might span several departments. These targets allow an organization’s management team to implement and monitor new processes.