Hierarchy of Plans

What are the three levels of business plans ?

• C. Primary, Secondary, Tertiary

• B. Basic, Intermediate, Advanced

• A. Strategic, Tactical, Operational

• D. Core, Essential, Fundamental

Who is responsible for creating strategic plans ?

• D. External consultants

• B. Middle management

• C. Frontline employees

• A. Top management team

What is the purpose of tactical plans?

• A. Implementing specific aspects of strategic plans

• D. Conducting market research

• C. Managing day-to-day operations

• B. Setting long-term goals

Who is typically involved in developing tactical plans?

• A. Upper and middle management

• D. External consultants

• C. Frontline employees

• B. Top management team

What is the difference between strategic plans and tactical plans?

• A. Strategic plans focus on long-term goals, while tactical plans focus on short-term actions

• B. Strategic plans are created by top management, while tactical plans are created by middle management

• C. Strategic plans are static, while tactical plans are dynamic

• D. Strategic plans are confidential, while tactical plans are shared with all employees

What role do operational plans play in relation to strategic and tactical plans?

• A. Operational plans bridge the gap between strategic and tactical plans by detailing specific actions

• B. Operational plans are completely independent of strategic and tactical plans

• C. Operational plans replace the need for strategic and tactical planning

• D. Operational plans are only relevant for short-term goals