PLANNING

Reflect decision about resources allocations,company priorities and steps needed to meet strategic goals refers to

• tactical plan

• operational plans

• strategic tactics

• strategic plans

strategic plan is created by

• middle manager

• first line manager

• board of director

• supervisor

shorter plan for implementing specifi aspect of the company strategic refers to

• strategic plan

• operational plan

• tactical plan

• functional plan

which of following is NOT the types of strategy

• business strategy

• functional startegy

• corporate strategy

• tactical startegy

tactical planning is the last stage in hierarchy of plan

• TRUE

• FALSE

tactical plan is Developed by mid level and lower level managers

• TRUE

• FALSE

Strategy in specific area such as marketing ,operation and administration is refers to

• corporate strategy

• business strategy

• functional strategy

• tactical strategy

corporate strategy is the strategy take place in level of business unit

• TRUE

• FALSE

Objective that business hopes and plan to achieve is refers to

• Goal

• Strategy

• planning

• short term goal

the purpose of goal setting is ____________

• to help firm to decide the location of business

• to help the firm to organizing

• assess performance

• help the firm to monitoring the perfomances