Podcast
Questions and Answers
What is the main difference between tactical plans and strategic plans?
What is the main difference between tactical plans and strategic plans?
- Strategic plans are used for crisis situations while tactical plans are for usual situations.
- Tactical plans have a shorter time frame than strategic plans. (correct)
- Strategic plans have more specific objectives than tactical plans.
- Tactical plans have a longer time frame than strategic plans.
What does operational planning in an organization aim to create?
What does operational planning in an organization aim to create?
- Alternative courses of action
- Strategic goals
- Broad objectives
- Specific standards, methods, policies, and procedures (correct)
In which situations are contingency plans used?
In which situations are contingency plans used?
- For very unusual or crisis situations (correct)
- For setting long-term objectives
- For day-to-day decision making
- For usual operational activities
What do contingency plans typically include?
What do contingency plans typically include?
In what area do operational planning decisions need to be made according to the text?
In what area do operational planning decisions need to be made according to the text?
What is the primary focus of strategic planning?
What is the primary focus of strategic planning?
Which type of planning has a shorter time frame and more specific objectives?
Which type of planning has a shorter time frame and more specific objectives?
What is the main purpose of operational planning?
What is the main purpose of operational planning?
When do managers typically use contingency plans?
When do managers typically use contingency plans?
Which level of management formulates strategic plans?
Which level of management formulates strategic plans?
What is the key difference between tactical and operational planning?
What is the key difference between tactical and operational planning?
Why do managers design strategies in the planning process?
Why do managers design strategies in the planning process?
What distinguishes tactical plans from strategic plans?
What distinguishes tactical plans from strategic plans?
What does operational planning in an organization primarily focus on?
What does operational planning in an organization primarily focus on?
What is the main purpose of contingency plans in an organization?
What is the main purpose of contingency plans in an organization?
In what way do tactical plans differ from operational plans?
In what way do tactical plans differ from operational plans?
What do contingency plans typically include for an organization?
What do contingency plans typically include for an organization?
How do tactical plans contribute to achieving broader strategic goals?
How do tactical plans contribute to achieving broader strategic goals?
Why is it important for organizations to have operational planning decisions regarding inventory?
Why is it important for organizations to have operational planning decisions regarding inventory?
What would be a key feature of tactical planning approaches to inventory management?
What would be a key feature of tactical planning approaches to inventory management?
Flashcards
Tactical Plan Time Frame
Tactical Plan Time Frame
Tactical plans cover a shorter period than strategic plans.
Operational Planning Purpose
Operational Planning Purpose
Operational planning establishes standards, methods, policies, and procedures.
Contingency Plans Use
Contingency Plans Use
Contingency plans deal with unexpected, unusual, or crisis situations.
Contingency Plans Include
Contingency Plans Include
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Operational Planning Area
Operational Planning Area
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Strategic Planning Focus
Strategic Planning Focus
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Tactical Planning Characteristics
Tactical Planning Characteristics
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Operational Planning Primary Purpose
Operational Planning Primary Purpose
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Contingency Plan Managers Use
Contingency Plan Managers Use
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Strategic Planning Level
Strategic Planning Level
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Tactical vs. Operational Difference
Tactical vs. Operational Difference
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Tactical Plans and Strategic Goals
Tactical Plans and Strategic Goals
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Inventory Planning Importance
Inventory Planning Importance
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Tactical Inventory Analysis
Tactical Inventory Analysis
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Tactical Planning
Tactical Planning
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Operational Planning Functional Areas
Operational Planning Functional Areas
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Contingency Plans Purpose
Contingency Plans Purpose
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